Wayne Swan, Treasurer of the Australian federal government, has accusedOpposition leader Tony Abbott of holding and promoting "extremist views" that incite disunity, as he talked about the Australia's economic credentials.

Making a speech before an economic conference initiated by Sydney's Whitlam Institute on Thursday, Mr. Swan stated there were clear disparities between the Gillard administration and the Opposition.

"There is a very stark contrast between the approach of Julia Gillard and the Labor government and that of our opponents, Mr Abbott and the Liberals," Mr. Swan said to the conference.

"We have a prime minister who wants to build consensus around economic reform and move the country forward.

"As opposed to someone like Mr Abbott who takes very extreme views which divide our community.

"We are committed to new investment and training and infrastructure. And of course Mr Abbott is committed to the worst aspects of Work Choices and cuts to health and education."

Mr. Swan said the opposition is guilty of "sniping and carping" while the Gillard administration strived to ensure the economy's long term development and growth.

The Federal treasurer also stood by the administration's new mining tax propositions, stating it "great deal for Australians" as it would strengthen the country's economy.

According to Mr. Swan, there would be three primary economic battle points in the upcoming federal elections.

These are the economy's responsible management, the capability to reinforce the country's economy, and making sure that economic benefits trickle down to the taxpayers and workers, Mr. Swan said.

Mr. Swan did not mention anything about possible dates for the elections, and did not even pause to make statements with the media after the speech.