Australians are working harder, paying more and getting less. After years of Labor, families and towns across Australia are paying more for groceries, electricity, insurance, housing and everyday essentials. Labor's answer is always the same: spend more, tax more, big government. The coalition will take a different approach. We will cut Labor's wasteful spending, cut Labor's toxic taxes and tackle this cost-of-living crisis. We have identified $31 billion in savings, including $9.4 billion from Labor's climate bureaucracy, $7.3 billion from corporate welfare and $4.7 billion from failed housing programs and bureaucracy. That is money we can use to repair the budget and give back Australians more of what they earn.

Labor talks about cost-of-living relief, but its new working Australians tax offset is worth only up to $250 a year, which is less than a cup of coffee a week. Coffee shops have to put up their prices. You probably won't even get one coffee a week. A few dollars here and there does not fix the fundamental problem. The coalition's tax-back guarantee will instead provide increasing income tax relief, with the coalition estimating a taxpayer would pay around $14,000 less tax compared with Labor's plan. Australians do not need a bigger spending government. They need a government that respects their money, rewards hard work and gets the cost of living down. That's exactly what the coalition—