The Australian Greens have today slammed the report from Tony Abbott's Commission of Audit which protects the big end of town while slugging families and low income earners.

"This is a hit on every family in the country, while Gina Rinehart gets off scot-free," said Australian Greens Leader, Christine Milne.

"Tony Abbott and Joe Hockey handpicked commissioners from the big end of town and rigged the terms of reference to ensure that the audit would focus on sweeping cuts to government services. And the commission has delivered precisely the report the government wanted.

VIDEO: Adam Bandt on the manufactured Budget 'emergency' and why the government's priority should be pensions, not planes 

Australians will sleep less easily tonight after Treasurer Joe Hockey's speech on the Commission of Audit.

Greens Acting Leader Adam Bandt says Australians can look forward to a more insecure future after the May 13 Budget, courtesy of Tony Abbott.

"Make no mistake, the Australian way of life is under threat like never before," Mr Bandt.

"This is a callous shopping list of cuts to some of the country's most vulnerable people. They will deliver for the Abbott government's mates at the expense of everyday Australians.

Greens Deputy Leader and Finance spokesperson, Adam Bandt MP, today said that Tony Abbott should act to end crony capitalism before coming after low-income Australians.  

“If Tony Abbott is serious about ending the ‘the age of entitlement’ he should start with the big end of town before hitting every-day people,” said Mr Bandt. 

“Not content with being subsidised by Australia’s taxpayers, Gina Rinehart has now reportedly secured a $764 million loan from US taxpayers. 

Victoria, South Australia & NSW need an economic stimulus package to create jobs and transition to a clean economy, Greens Deputy Leader and industry spokesperson, Adam Bandt, said today.

Mr Bandt today released ‘Saving south-east Australia', a fully-funded plan to build 77,500 new houses in south-eastern Australia, fast-track high-speed rail, provide tax relief to small business and manufacturing and boost research and innovation spending.

Responding today to reports that corruption at the highest levels of corporate Australia has gone unprosecuted and inadequately investigated, Greens Deputy Leader, Adam Bandt, has called on the Prime Minister, Tony Abbott, to conduct an inquiry into whether the Australian Securities and Investments Commission and the Australian Federal Police are properly enforcing Australia's white-collar crime laws.

"Australians need to know whether white-collar crime is being seriously pursued or simply being given a light touch by gentleman regulators," said Mr Bandt.

Greens Deputy Leader and industry spokesperson Adam Bandt says the Greens want to see the mining tax fixed before considering any changes to research and development tax arrangements.

Mr Bandt says the Greens will get behind the positive jobs and innovation announcements made by the government last week but not the R&D cuts linked to the plan.

"The Prime Minister is spreading misinformation about the Greens' position. The Greens will support the jobs bill because we are pro-jobs, but what we will not support are job-destroying cuts to research funding," Mr Bandt said.

The Greens currently have a bill before House and the Senate which would close the royalties loopholes. The Greens will now also move amendments to close additional loopholes in the mining tax, which allow mining companies to exaggerate the value of their assets to get a higher tax break.

Closing the depreciation loophole, which allows the big miners to deduct the market value of existing assets over many years instead of deducting the book value over 5 years, could eventually save almost $2 billion a year in lost revenue.

There's nothing inherently partisan about numbers. From pointing out declining tax revenue to highlighting poor expenditure, people from across the political spectrum will forever argue about how governments should raise money and how it should be spent.

The Greens' recent decision to have our policies costed prompted a range of reactions. We were welcomed for maturing as a political party, yet also accused simultaneously of hiding extremist policies and becoming more conservative.

The Greens will move a Private Member's Bill when parliament resumes to help some of Australia's most vulnerable people, currently being ignored by the Government, by lifting the single rate of Newstart, Abstudy and the single living away from home Youth Allowance by $50 a week and indexing their growth the same way as the Aged Pension.