Sky News contributor Evelyn Rae says the cost of living in Australia is “out of control”.

Ms Rae told Sky News Australia that she “doesn’t know what the solution is”.

“I don’t think it’s going to be a simple solution.

“I don’t think Labor being in federal power at the moment, I don’t think that it’s completely up to them to fix this.

“I don’t think they can, serious reformation needs to happen.”