Talkback host Ray Hadley's morning program has been found to have breached the commercial radio codes when broadcasting false claims about the former treasurer Wayne Swan.

In a broadcast that aired on June 25, 2012, Hadley claimed that children visiting Canberra's Parliament House would no longer be offered fruit snacks and bottles of water due to budget cuts. Hadley based his assertions on a story in that morning's Daily Telegraph.

Breached code: 2GB Radio announcer and talkback host Ray Hadley. Credit:Peter Rae

However, before Hadley went to air with his claims, Mr Swan had issued a statement to all media outlets saying the story was “completely wrong” and that not a “single dollar” was being cut from the schools hospitality program.

Hadley ridiculed Mr Swan's statement, telling listeners: “It appears Mr Swan has not read what he needs to read in relation to all of this."