Along with 30 Newspoll losses, Prime Minister Malcolm Turnbull cited “economic narrative” as a reason for ousting Tony Abbott from the top job.

Chris Kenny describes the current economic narrative as “all over the place”.

Just this week, the acting PM Michael McCormack said we can expect a “Santa Claus” budget in May.

Former Prime Minister Tony Abbott says his government’s economic plan was “very clear”.

“We wanted to cut taxes, we wanted to cut regulation to boost economic growth but the only way you could responsibly do that was to cut spending as well,” he tells Chris.

Mr Abbott has also backed the federal government’s decision not to posthumously promote one of Australia’s greatest war heroes, Sir John Monash.

“I think the Prime Minister’s instinct on this is correct.

“He was much honoured then and he should be much honoured forever and that’s what this Monash Centre at the Australian War Memorial at Villers Bretonneux will do.”

Click PLAY below for the full interview