Look to Asia for welfare model, suggests Hockey

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The comments have infuriated welfare bodies who say there is room for more generosity not less, particularly in the areas of dental care and disability, and who point out that Australia's welfare budget as a proportion of GDP is already closer to the Asian model than that of Europe.

Shadow treasurer Joe Hockey’ has told a group of policymakers in the UK that Western governments are crippling their own economies with excessively generous welfare payments. He argues for an end to the Age of Entitlement and called for Europe and Australia to look to the Asian economies as an example of where giving people less encourages more initiative and productivity.

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