SKIP TO MAIN CONTENT

Liberal National Party can't fund promises: Labor

Queenslanders will see "core and non core" promises emerge from a Liberal National Party government, Treasurer Andrew Fraser predicts.

Fraser-Andrew_Qld-treasurer_b_120321_aap_1811913178

2 min read

Published

Updated

Source: AAP


Skip to article content

Queenslanders will see "core and non core" promises emerge from a Liberal National Party government, Treasurer Andrew Fraser predicts.

Mr Fraser on Wednesday released Labor's election policy costings, telling reporters the LNP would never return the budget to surplus or find budget savings to fund its at least $4 billion in promises.

Of Labor's $1.792 billion in commitments, $1.04643 billion is funded from additional GST allocation and $745.17 million is funded from existing budget allocations or savings, Mr Fraser said.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

They have been signed off by an independent assurance panel, of former KPMG national audit partner John Brown and Professor James Guthrie.

Mr Fraser said the source of funding for Labor's policies had been explained day by day.

By contrast the LNP had announced a day-by-day "spend-a-thon".

"What Mr Newman and (deputy opposition leader Tim) Mr Nicholls have done is say 'don't you worry about that', day by day," Mr Fraser said.

He predicted an LNP government would use a commission of audit to back out of the programs it has promised voters.

"That commission of audit will come up with a whole range of circumstances which Mr Newman and Mr Nicholls will hold up in a document that is just invented ...

"And (they will) use it as an excuse to sidestep all of their policy commitments.

"You'll see from Mr Newman and Mr Nicholls ... should they be premier and treasurer, within six months, a set of core and none core promises."

The LNP could not fund its election promises without cutting staff, programs, or hiking fees and charges, Mr Fraser said.

"The idea that there's $4 billion there for Mr Newman to go and tap is I think, fanciful," he said.


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world