Abbott promises budget detail

Opposition Leader Tony Abbott has promised the fiscal details of its alternative budget would be revealed before the next election as he hit back on criticism that his budget reply was short on detail.

In his budget reply on Thursday, Mr Abbott accused the government of playing the class war card and plunging Australia into further debt.

While his response has received criticism that it was short on detail, Mr Abbott said the opposition had a plan to find the savings it had promised.

“Yesterday was a budget reply, it’s not an alternative budget,” Mr Abbott said on the Nine Network on Friday.

“In good time before the next election people will have all of the fiscal detail from us.”

Finance Minister Penny Wong described the opposition leader’s tactic when it came to the Australian people as: “Tell them nothing.”

“Tony Abbott has simply rehashed old policy, not put forward any detail, in an attempt to pretend that he has something other to say than ‘No’,” she told reporters in Canberra.

Mr Abbott stood by claims that he could slash $50 billion from the federal budget.

“The government will be spending something like $5 billion in the next financial year digging up streets. I just don’t think that is necessary,” he said of the National Broadband Network (NBN).

Mr Abbott told Macquarie Radio on Friday he was concerned the government was increasing its debt ceiling.

“The government should be forced to specifically justify this, not to just sweep it under the carpet and allow it to go through in the appropriations,” he said.

“Every dollar they borrow has to be repaid.”

He also took another swipe at the carbon tax, describing it as “gratuitous economic self-harm”.

“This is a reverse tariff – it’s something we do here in Australia to make the imported goods cheaper,” Mr Abbott said.

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