Australian Budget 2014: Why We Hate It

Just when the economic was going well when Tony Abbott was elected as MP on September 2013, it went downhill wen the new federal budget was introduced on the 13th May 2014. The new budget brought major changes that people knew that Abbott couldn't keep to his promises. This budget is targeted to hurt welfare groups that includes: unemployed people, public and health services, pensioners, families, university students, etc. The changes that those targeted groups dislike are:

• The family faces: the Family Tax Budget, the increase in petrol excise, the $7 fee when seeing their GP, an increase in medicine costs and higher, deregulated university fees for the children who are university students. 
• The Pensioner are confronted with: the $7 fee to see the GP and the pension age will rise to 70 in 2035 and have concession cuts 
• The unemployed: there were 16, 500 jobs lost from the Commonwealth public servants. They face a 6 month dole scheme which they receive benefits. Also, the age is raised for young people who are unemployed from 22 to 25 years of age to be eligible for Newstart. 
• University students: Hardworking families who don't have university degrees should pay less for other people's degrees while university students who will earn 75% more income should pay more for their own degrees, especially when the federal budget is a mess. 

These targeted groups are protesting against the new budget and are unhappy with these changes. Even though some groups have benefits from the new budget, the majority of these groups mentioned above are at a disadvantage. The responses of this budget is shown on social media:

http://www.smh.com.au/business/federal-budget/federal-budget-2014-social-media-reactions-20140513-zrbrw.html

However, the federal government seem to see the benefits from the budget when the economic is going through a transition and see an as increase in "longer-term productivity and living standards", as mentioned in the Budget Overview. But will it really work out well in the long term? So, what are YOUR thoughts about this new regime?