Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 11-Feb-15

Treasurer Joe Hockey has conceded that the Federal Government’s May 2014 Budget may have been too ambitious. However, he argues that the Government must persist with Budget measures that have failed to pass the Senate if it is to achieve a surplus. These include the Medicare co-payment, deregulation of university fees and changes to the welfare system. Meanwhile, the Senate has passed the Government’s reforms to the regime for R&D tax breaks

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