Tony Abbott says budget is 'not draconian, it's necessary'

By James Massola
Updated August 22 2014 - 10:08am, first published August 21 2014 - 3:45pm
Reserve Bank of Australia governor Glenn Stevens has weighed in to the impasse over the federal budget. Photo: Robert Shakespeare/Getty Images
Reserve Bank of Australia governor Glenn Stevens has weighed in to the impasse over the federal budget. Photo: Robert Shakespeare/Getty Images