Mr TAYLOR (Hume) (14:32): My question is to the Prime Minister. Despite Labor's pre-election promises, under this government, living standards have fallen by nearly nine per cent. The household savings rate is down 10 percentage points. Personal income tax payments are over 25 per cent higher, and a homeowner with a typical mortgage is over $35,000 worse off. Why won't the Prime Minister admit his government has been a disaster, as more Australian families are working harder and longer but still going backwards?