Hockey causes “black hole”

The nation has learned that the only thing bigger than Joe Hockeys BS is the giant hole in his budget, after Treasury uncovered a deficit of between $7 and $11 billion.

Independent MP Tony Windsor, who is deciding on which party he’d prefer to make a minority government with, said the move has made him question whether he can support the coalition.

"We probably understand now why (Opposition Leader Tony Abbott) wasn't interested in releasing the numbers," he told ABC Television on Wednesday adding that one of the key factors was trust.

However shadow treasurer, Joe Hockey, expressed surprise at the reaction, saying that nobody told him the numbers had to add up.

“How else are we going to end Labor’s waste?” he asked.

Abbott has come to Hockeys defence, saying that the figures didn’t match up because the Liberal party used a different model to Treasury. Where Treasury relied on actual figures and costings, Abbott got his figures by undercutting the costs announced by the Labor party.

A statement from Abbott’s office further added that the coalition will make good on its promise to deliver an $11 billion boost to the budget bottom line over four years.

“We’ll just have a garage sale or privatise something,” Hockey suggested.

The statement said that even in the worst case scenario, the coalition was still $7 billion better than Labor’s bottom line, and if they wanted to they could turn that $7 billion into $17billion with the clever use of a pen.