Joe Hockey is holding on to his policy costings. Source: News Limited
TREASURER Wayne Swan has challenged the Coalition to "come clean" over its financial priorities for voters, as an election-year brawl over policy costings begins.
Opposition treasury spokesman Joe Hockey confirmed that he would not release a fully costed set of polices until the Pre-Election Economic and Fiscal Outlook, which is usually released ten days into the formal election campaign.
Mr Swan - who in December announced he was scrapping a previous pledge to deliver a budget surplus in May - said Mr Hockey had "let the cat out of the bag" by announcing the Opposition will hold on to its full policy costings "for at least 183 days".
"Australians should be very concerned that the party whose 2010 election auditors were exposed for professional misconduct is continuing to hide the truth," Mr Swan said.
But Mr Hockey lashed out at the Treasurer, describing him as the "class clown when it comes to getting the numbers right".Wayne Swan is under pressure over revenue from the mining tax.
Mining tax close to 'idiot territory'
The Coalition got into trouble after the last election when it was discovered the accounting firm it used to cost its policies were exposed for professional misconduct.
"This is a deeply deceptive ruse from the Coalition to hide the impact of their policy proposals from the Australian people," Mr Swan said.
"The idea that the Coalition can refuse to release what any of their policies cost until deep into the campaign is unprecedented."
Mr Hockey said the Treasurer was being a "complete hypocrite" in calling for the early release of policy costings.
"He only released his costings on the Friday afternoon before the last election, as he did in 2007," Mr Hockey said.
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