Coalition MPs concede immigration pledge not fully costed by independent watchdog

Angus Taylor says opposition worked closely' with Parliamentary Budget Office but Liberal sources say it has not yet conducted a full analysis of the policy

• Get our new political email, free app or daily news podcast

Coalition MPs concede the party's newly released immigration policy has not been costed in full by the Parliamentary Budget Office (PBO), despite Angus Taylor defending the plan as budget neutral".

Taylor, and the deputy Liberal leader, Jane Hume, have said repeatedly the Coalition worked closely" with the independent budget watchdog on its plan to reduce net overseas migration to 100,000 for two years.

Sign up for Guardian Australia's Politics, really newsletter here