Good afternoon readers, and welcome to today’s election edition of Afternoon Update. We’ve got just one day of campaigning to go and five million Australians have already voted – which is, in the Coalition’s eyes, the perfect time to release their costings. (For the record, Labor opted for similar timing in 2022.)
The shadow treasurer, Angus Taylor, told reporters this afternoon the Coalition would improve the budget bottom line by $14bn over the forward estimates and deliver a $40bn improvement in the level of gross debt, declaring: “You will not see a permanent cost-of-living crisis under a Dutton government”.