PM backs economic summit idea

Prime Minister Tony Abbott says he is open to Clive Palmer's idea of an economic summit.

Tony Abbott is willing to consider holding a national economic summit.

The idea has been floated by Palmer United Party leader Clive Palmer and News Corp chairman Rupert Murdoch.

Speaking on a farm near Yass, in southern NSW, the prime minister said he was open to the idea.

"If some kind of national event helps, well it's certainly something that I'll be considering," he told reporters on Wednesday.

Mr Abbott said one of the arguments for a summit was it would force the Labor opposition to release its economic plan.

Shadow treasurer Chris Bowen said a summit would be a good idea if the government took a constructive approach rather than using it to make "cheap political points".

"We need a government which can bring people together," he told reporters in Canberra.

Mr Bowen said Labor would unveil detailed policies over "the coming period" and before the Thursday before election day.

"We will not be engaging in Santa Claus, magic pudding economics that Joe Hockey engaged before the last election," he said.


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Source: AAP


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