Federal Budget 2017: Big Winners & Losers

Today Show Finance Guru Ross Greenwood tells Jodie & Soda the big winners with this Budget is first home buyers and young singles looking for work whilst banks are the major loser but they will be passing it onto to consumers...Other changes will see the Medicare rebate freeze is to be lifted, starting with incentivising doctors to bulk bill from July this year.The pensioner concession card will be restored to those who lost it after the pension assets test change introduced earlier this year and the Government has confirmed changes to Centrelink to make it a simpler process getting rid of a lot of red tape. But don't expect an easy time if you're unemployed; the Budget includes new measures to crack down on drug users and cheats.Tough new rules forecast to save $632 million over five years include penalties for people who fail to turn up to appointments due to intoxication.