Aussies End Their "Age of Entitlement"

Following a trend that is circling the globe, Australia has begun to dismantle their social safety net:

http://www.wsws.org/en/articles/2014/05/15/pers-m15.html

One has to ask why this is necessary in one of the richest and luckiest countries in the world. Where did the money go?

Welcome to the market state, down under version:

http://youtu.be/XfR9iY5y94s