Australia must not get involved in the eurozone bailout unless Europe does all it can to get its own house in order, federal Opposition Leader Tony Abbott says.
Mr Abbott said the Australian government had increased its financial support of the International Monetary Fund by $5 billion and that could be seen as aiding the bailout.
"To the Australian public it's going to look like Australia is putting up $5 billion more so that Greeks can keep retiring at 50," he told reporters in Melbourne.
However, Mr Abbott said the coalition supported the IMF.
"It's a question of getting involved in a eurozone bailout ... now I don't believe that Australia should act unless we are absolutely confident that Europe, and Greece in particular, have done everything they possibly can to put their house in order," he said.
