Calling budget unfair is like ‘class warfare’, says Joe Hockey

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"We needed a budget at this time that demonstrated to the community that we were prepared to take the tough decisions": Treasurer Joe Hockey.

“Criticism of our strategy has been political in nature”: Treasurer Joe Hockey. Photo: Alex Ellinghausen

Treasurer Joe Hockey has lashed out at critics of his first budget, saying claims his policies are ”unfair” were reminiscent of ”class warfare” from the 1970s.

In a spirited speech at the Sydney Institute, Mr Hockey on Wednesday night said the view that his budget would exacerbate inequality was unfounded and criticism of his budget strategy was ”political in nature”.

Mr Hockey has also defended some of his budget’s most controversial measures – such as the $7 GP co-payment and unregulated university fees – saying they do not spell the end of universal healthcare or restrict access to education.

”The government is open to criticism and debate about our budget. However, we owe it to the community to set the facts straight and articulate the reasoning behind our decisions,” the Treasurer said.