Both Labor and Liberal have had difficulty explaining their election costings document amid billions being spent by both sides.
The Victorian Premier Daniel Andrews has been blasted over $11.9 billion in election promises that the Liberals claim does not include a “single cent” for his “pet” $125 billion suburban rail loop and only allocates $20 million for theBut the Liberal’s shadow treasurer David Davis also came under fire late on Thursday, as he was unable to provide the single figure for their
Labor attacked the Liberals’ costings claim they can make use of the $2.2 billion promised by the prime minister for the rail loop, and said they also assumed more than $1.1 billion from the federal government for hospital projects. Treasurer Tim Pallas released Labor’s election costings for 81 commitments on Thursday, which total $11.9 billion, as he promised their plan was “fully costed, fully funded” with “no new or increased taxes” and would return a billion-dollar surplus by 2025-26.why the costings did not include any money for the suburban rail loop, Mr Pallas replied: “It’s already been funded,” he said. “The SRL was funded in the budget a couple of years ago.
Other major Labor promises – including $2.5 billion for redevelopment of the Royal Melbourne Hospital and Royal Women’s Hospital and another $6.5 billion for removing 25 level crossings across Melbourne – are not part of the costings with Labor claiming they are already budgeted.Mr Davis claimed Labor was making a $3 billion raid on public service super and that there was over $4 billion of health and hospital promises that Labor has not included in their forward estimates.
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