Australia will run out of money to pay for Medicare and its welfare and education systems unless the Abbott government takes a harder look at costs, says Treasurer Joe Hockey
- said he was ”ringing an early warning bell” about the sustainability of federal funding for vital programs
- Saying hard work will be needed in the future just to maintain the quality of life expected by most Australians
”The starting point is if our health and welfare and education systems stay exactly the same, Australia is going to run out of money to pay for them,” Mr Hockey told the Seven Network on Friday.
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”If nothing happens, we will never get back into surplus, we’ll never pay off debt.
Hockey softening up Australians for a tough budget. Should play well in the tabloids
more: Sydney Morning Herald
