People under 25 will have to wait 6 months for unemployment benefits. Who will support them in the interim their family or friends if they have any. It’s NOT A TAX
I know an ill person who needs weekly blood tests and  needs to see a doctor each week. That’s an extra $700 per year. It’s NOT A TAX.
He is under 35 so Abbott wants him off his PDS and on New Start a reduction of $120 a week. That’s a 30% reduction. Ofcourse if he has a family they’ll pay. To make things worse Keven Andrews is suggestig policing spending. It’s NOT A TAX.
Driving people off welfare is not SHARING THE BURDEN it’s making sure the  a lot of families can’t save anything. They are literaly running on empty , live on credit & pay 20% interest in doing so. This is what Abbott & Hockey call basket case economics it has to be fixed an this is the way to fix the books. He is handballing the problem and riding on the backs of ordinary families to do it. 
The wealthy get 55 days interest free on their credit cards and can minimize their costs while ordinary families play ring around my credit cards & not by choice. After all the cards are easy enough to get even the family dog is sent one by the banks. The wealthy & businesses owe billions of dollars in unpaid taxes and super which the government writes off or discounts in order to get something. No discounts for working families I’m afraid only government negotiated unemployment and the pain of sharing this burden. Holden a case in point.
Abbott Hockey and their ilk run around in lycra and smoke cigars. Welfare is a foriegn country to their families. One they never have to visit or even consider. Surely if gov revenue has fallen and the disjunct between ordinary & wealthy has grown a tax on spending and vigilance on tax avoidance by individuals and business would have been fairer. Glencore the biggest coal miner made $15bill profit on which the paid no tax. We subsidised their fuel costs recieved nothing in return. They could have done nothing and made a profit.
The coalition agenda to deregulate the finance sector is caused the GFC in the first place. Australia was saved from the worst of the financial crisis because our banks were regulated. Australians will be presented with a range of crazy  junk product as happened in the US will be courted by planners who again neither have to reveal their commissions nor operate in their best interest. It’s putting the hens back in the hen house with the foxes still there and a door sign Caveat Emptor, Buyer Beware.
CBA is in the news currently for lending money, designing product & selling the product with commissions at every step all in house. They don’t create anything of use only collect rent on shuffling paper. The more they shuffle the more they make.