Yup—LNP using shonky costings:
ABC economic reporter Stephen Long agrees:
I think that by and large the press gallery has got this wrong. They’ve interpreted the statement from Finance and Treasury yesterday as saying the numbers that the Government released weren’t credible.
I see it differently, I think that they were distancing themselves from the politics of this, Treasury and Finance didn’t like being used in this way for political purposes during a campaign. The fact remains that there are costings from Treasury and Finance and the Parliamentary Budget Office now on the public record which are well shy of the costings that the Coalition says that it can make.
http://www.abc.net.au/pm/content/2013/s3837863.htm" onclick="window.open(this.href);return false;" onclick="window.open(this.href);return false;" onclick="window.open(this.href);return false;
And:
Adam Todd ✔ @_AdamTodd
Here's Parliamentary Budget Office data released by ALP claiming Coalition's savings are $20.8b not $31.6b #ausvotes pic.twitter.com/tIKYhRWnr9

10:55 AM - 29 Aug 2013
Greg Jericho @GrogsGamut
Maybe it is time to release the actual PBO costings then? Surely that would clear it all up?
11:28 AM - 29 Aug 2013
(What a comedian!)
Simon Banks @SimonBanksHB
The @pbo_au isn't saying that the costing is wrong @Kieran_Gilbert just that it is not the formal costing of a policy lodged by LNP
6:27 PM - 29 Aug 2013
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Simon Banks @SimonBanksHB
That @joehockey @andrewrobbmp haven't fronted a full press conference on LNP costings today is telling. What are they hiding?
5:13 PM - 29 Aug 2013
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Simon Banks @SimonBanksHB
To the contrary @jamesmassola has seriously misstated the role of impartial public servants @michellegrattan @ConversationEDU
9:03 PM - 29 Aug 2013
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Simon Banks @SimonBanksHB
Both implying public servants are in effect being political - untrue and gross misreading of statements @jamesmassola @michellegrattan
9:06 PM - 29 Aug 2013
Simon Banks @SimonBanksHB
LNP line on costings tonight is that the Australian people should trust them, they don't need to know the truth. Good luck with that one!
6:51 PM - 29 Aug 2013
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Possum Comitatus @Pollytics
1.Government costed swathes of known & likely Coalition policies before the election - all governments do.Part of the power of incumbency
8:58 PM - 29 Aug 2013
Possum Comitatus @Pollytics
2. Government released some of those costings today - media fails completely to understand the process involved with the costings
8:58 PM - 29 Aug 2013
Possum Comitatus @Pollytics
3. Media reports the costings were done in a fashion that is actually illegal, and screws it all up, leaving Depts in a precarious position
8:59 PM - 29 Aug 2013
Possum Comitatus @Pollytics
4. Treasury,Finance & PBO release statements on those media "reports" today, clarifying what was already obvious to anyone with room temp IQ
9:00 PM - 29 Aug 2013
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The last leaves out mellie/naffy/IQ & roach, obviously.
PS Possum is an econometrician, knows what he is talking about there.