Angus Taylor unveils Coalition frontbench with Tim Wilson as shadow treasurer and Nationals returned

Tim Wilson has been named as the opposition’s treasury spokesperson in new Liberal leader Angus Taylor’s frontbench. Photograph: Ellen Smith/The Guardian

Angus Taylor has given moderate MP Tim Wilson the treasury portfolio and brought the Nationals back into shadow cabinet, in a frontbench lineup that rewards conservatives and purges some of Sussan Ley’s backers.

Days after becoming Liberal leader, Taylor promised that his new shadow ministry – announced on Tuesday – would improve living standards and “protect” Australia’s way of life.