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Couple points to remember...it was the Howard govt which handed out middle class welfare....they handed out increases in pensions...though labor did top it up...the other thing people quickly forget is that labor navigated OZ through the GFC. If spending would have been cut Australia would have...

Might also good to also give context to why debt is growing slower in countries like japan...could it be that they have a debt ratio of 180% of gdp???

Hilarious! Let's face it Tony Abbott could not lie straight in bed. Why should I care I am one of those blokes Tony's misguided policies will assist the most

Lizzie......have you read how it affects people and economy. Have you considered out level of govt debt to GDP and asked the question if what was done was neccessary and more importantly could have be done by other means such as broadening the tax base?

I think this govt will only serve 1 term...their policies are way of mark and unncessary. I am in Europe at the moment and our govt debt levels are among the healthiest in OECD. This budget breaks every promise the Libs made at the last election. They could have made less drastic changes by...