All posts tagged: Joe Hockey

My Two Cents Worth on the 2014 Federal Budget: Entitlement & Opportunity

“The age of entitlement is over. It has to be replaced, not with an age of austerity, but with an age of opportunity.”  Treasurer Joe Hockey in his budget address on Tuesday night. “Yes!” I wanted to bellow from my lounge-chair arena, like some footy head on a Friday night.  At the risk of opening a can of worms here, I will say that it’s been real interesting listening to the roar of dissent from different corners of the community. It was going to happen. No budget satisfies everyone. And we all have our bugbears, our causes and our unique circumstances. Those key words again… Entitlement. Austerity. Opportunity. If we would believe Hockey’s bold words, handouts are kaput, not to be replaced with any kind of severe governance but rather to uphold opportunity as the individual and corporate way forward. Sounds good. But cutting Australia’s aid budget by a whopping $7.6 billion over five years sure makes me uncomfortable. That means that cuts to aid (1.2 per cent of Federal Government expenditure) will provide 20 …