fe45a3b1_lian_Broadcasting_Corporation___Definition
[Term] The age of entitlement is over [Definition] 
A term first mentioned by Treasurer Joe Hockey in a speech to British Conservatives in early 2012 that has become the informal motto of his time as Treasurer. Despite following up his debut of the term with an attack on Labor’s attempt to wind back the health insurance rebate, Mr Hockey has signalled that in order to get the budget back to surplus, sacrifices must be made by all, from businesses to the man or woman on the street. Whether this commitment goes beyond political rhetoric to actual structural reform is a question many expect to be answered in Tuesday's budget. So far the government's unwillingness to bail out the car industry, and public speculation about a debt levy on high income earners, indicate this may be the case.
Budget 2014: Tony Abbott opens door to 'horse-trading' with minor parties in Senate to pass key measures - Federal Budget 2014 - ABC News (Australian Broadcasting Corporation)
Definition