Joe Hockey
Joe Hockey

Hockey says donor claims are 'offensive and repugnant'

TREASURER Joe Hockey has labelled allegations he allowed access to himself to donors to the New South Wales Liberal Party for $22,000 as "offensive and repugnant".

Fairfax Media on Monday reported Mr Hockey has offered privileged access to a select of group of business figures in return for donations to a secretive Liberal Party fundraising group.

The report alleged donors to the Liberal Party's North Sydney Forum, a body run by Mr Hockey's North Sydney Federal Electoral Conference, were being given private meetings with te Treasurer related to some areas of his portfolio.

It further alleges donors to the forum included National Australia Bank and the Financial Services Council among others.

But Mr Hockey on Monday said the accusations made in the reports were "both offensive and repugnant", saying he would not let the report "distract him from the important task of putting the budget together.

"As the matter is now in the hands of lawyers no further comment can be made," a statement from Mr Hockey's ministerial office read.

The reports also claimed one of the donors to the North Sydney Forum was Australian Water Holdings, a company which former Assistant Treasurer Senator Arthur Sinodinos was a chairman before taking a position in the Senate.