Budget 2014: More losers than winners

High income earners, health and pensioners have been hit hardest, while investors get little.

The first full-year budget of the Coalition government is attempting to considerably cut fiscal spending, with almost every Australian impacted in some way as pain is shared around.

Out of 10 key election promises, only four have been met: no change to the GST, more money for trades training, increased funds for dementia research and a cut in the company tax rate.

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