This topic encompasses many areas already under discussion in the site eg Aged Care Reforms, Superannuation but obviously not limited to these.
There are already multiple opinions on the internet and elsewhere about the virtues or otherwise of this new budget.
YourLifeChoices has already tried to provide a synopsis of the budget and how it will affect the older generations (they do cover the affect it may have on younger generations but mainly only in a passing manner). Because of the detail I am only providing a link:
Please add your own links, opinions and feedback about how the budget will/may affect yourselves or other groups. I am sure there will be differing opinions so remember to please keep it a civil conversation about what will/may happen because of the budget and we are here to share knowledge not vitriol.