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.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles