Australian leader Malcolm Turnbull has found timely inspiration in his bid to woo back disaffected voters this year: Donald Trump.

Turnbull is seeking to draw on the U.S. president’s first key legislative victory that’s handing wide-ranging tax cuts to firms and workers. Trump’s success has given the prime minister confidence to make a renewed push for lower corporate levies, while he’s also teasing personal cuts as a goal for 2018.

“The stronger the budget becomes, the more we’ll be able to give back to hard-working Australians,” Turnbull said in a speech last week, indicating details on personal tax cuts will be announced in the May budget.

The government wants to reduce the corporate tax rate from 30 percent to 25 percent, with the cuts staggered over a decade. Turnbull is aware that time is running out before a likely 2019 election, and is desperately seeking renewed momentum for his Liberal-National coalition that’s consistently losing polls.

Voter concerns lie in their hip pockets. The government’s message that better times are ahead is jarring with households that are seeing living standards fall amid soaring house and electricity prices, while wages can’t keep up.

“Wages growth is very modest and disposable income is being squeezed because expenditure in areas like health, education and transport has risen well above headline inflation,” said Su-Lin Ong, Royal Bank of Canada’s head of Australian economic and fixed-income strategy. “Households are facing a number of pressures—the government is politically well aware of that and that would be helping to underpin this push for tax cuts.”

Still, any tax cuts could jeopardize the government’s promise to return the budget to balance by 2021 and would also need to be legislated in the Senate, where Turnbull lacks a majority. As lawmakers return in Canberra on Monday for the first sitting of parliament of 2018, here are three charts that show Turnbull’s economic and political challenges for the year ahead.

Popularity

Turnbull’s coalition has lagged the main Labor opposition since scraping to victory in the July 2016 election by just one seat. Voters have more recently been deterred by Turnbull’s questionable handling of a dual-nationality crisis that’s roiled parliament, as well as public infighting within his coalition. Still, a Newspoll released on Monday showed encouraging signs for the prime minister, with his government narrowing Labor’s lead.

Pay Squeeze

Australia’s jobs growth enjoyed one of the strongest years on record in 2017, but the creation of 400,000 roles hasn’t moved the political dial in Turnbull’s favor. That’s because the bonanza isn’t translating into wages growth—a key deterrent to the Reserve Bank of Australia lifting interest rates.

Cost of Living

Australia’s electricity prices, among the world’s highest, surged 11 percent last year due to rising gas costs and the mothballing of inefficient coal-fired plants. While the government’s market regulator is expecting relief over the next two years as new renewable projects go on-line, voters want to see a fix sooner rather than later.