“This will remove the capacity of any political party to try to mislead the Australian people and punish those that do,” said Swan.
According to Swan, the Coalition will be pressurized to have its policies fully determined before the election. He claims that after the last election, the opposition was found to have an $11 billion hole in their policies.
“This means that the 2012-13 outcome of the underlying cash balance – the most important budget aggregate – will be there for everyone to see,” he added. “There will be no fiscal surprises after the election.”
On the other hand, shadow treasurer Joe Hockey remained absolutely calm at Swan’s announcement. He alleges Swan is obviously preparing Labor for opposition.
“Wayne Swan now wants to make honesty and integrity in numbers the
Surveys show that electorates believe more in the coalition than Labor to drive the economy. According to a recent poll, 50 per cent of electorates believe the coalition is more capable of handling economic matters, compared with 28 per cent for Labor.