We were told time and again cost of living was the biggest issue for voters at the election.

So, now Labor has secured a thumping victory, what’s it going to do to make things easier? 

There are some extra tax cuts to come and price increases are slowing, raising hopes of happier economic times. 

Today, Ian Verrender, the ABC’s chief business correspondent, on what to expect over the next three years and why the Trump factor could change everything.

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Ian Verrender, ABC chief business correspondent