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Federal budget 2014: tough and unfair, it's business as usual

14 May 2014
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It's right to get the budget back into surplus, but some of Joe Hockey's measure are plain nasty, says Ross Gittins.

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This budget isn't as bad as Labor will claim and the Liberal heartland will privately think. It's undoubtedly the toughest budget since John Howard's post-election budget in 1996, but it's hardly austerity economics.

I give Joe Hockey's first budgetary exam a distinction on management of the macro economy, a credit on micro-economic reform and a fail on fairness.

Although Hockey has laboured hard to ensure few sections of the community escape unscathed, the truth is most of us have been let off lightly.

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2014
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