Australia is having an “unprecedented” collapse in it’s standard of living according to Shadow Treasurer Angus Taylor.

Fresh figures from the Australian Bureau of Statistics show that core inflation is slightly up which means another rate cut is highly unlikely.

Shadow Treasurer Angus Taylor told Peter Fegan on 4BC Breakfast, “He’s the one who chose to use the Treasury Department, his department, as a dirt unit, wasn’t us.”

“We talk about adding public servants and when you are adding public servants to use them as a dirt unit, I mean, this is a complete misuse of taxpayers’ money.”

‘It’s completely inappropriate, it is a politicisation of Treasury,” Mr. Taylor said.

Hear more highlights from 4BC Breakfast below:

Image: Getty Images/Tracey Nearmy/Bloomberg

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