Cabinet minister Christopher Pyne says a double dissolution election remains a “live option” with $30 billion of savings being blocked by the Senate.

Mr Pyne said the federal government’s efforts to address bracket creep and curb Australia’s ballooning debt were being hampered by Labor and the cross-bench, along with attempts to clean up the construction industry.

“The Greens are more co-operative than Labor and the cross-bench,” he told the Nine Network on Friday.

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Senior Labor figure Anthony Albanese said the government had no plan for the economy, just talking points.

“The whole of Australia was pleased when we got rid of ‘Mr Angry’ (Tony Abbott) and we got ‘Mr Smiley’ (Malcolm Turnbull).

“Now we know that what we’ve got is ‘Mr Waffle’.”

Greens Leader Richard Di Natale said his party was ready for the election.

It would present a strong platform on climate change, tax reform – including addressing the growing gap between the rich and the poor – and making a transition towards a new innovative economy, he told ABC TV.

“They’re the sort of things that need to happen at this election and we’re going to be ready whenever it happens.”