THE Federal Budget should be scrapped and totally re-written, Palmer United Party leader Clive Palmer said yesterday.

The Member for Fairfax, who will be a powerful figure when his party later this year takes critical seats in the Senate, believes there is too much wrong with the document, released last Tuesday by Treasurer Joe Hockey, to ignore.

"Really, from our point of view, there's too much in the budget that you could let it all go - it's not one or two items, it's just the whole thing," Mr Palmer said.

Mr Palmer cited problems with changes to tertiary education costs, the massive $80 billion cut to education and health funding over 10 years to the states, and the additional pressure on cash-strapped pensioners to pay a $7 co-payment for medical visits.

He mentioned pensioners in his electorate who are left with only $15 after paying most of their pension to their nursing homes - enough for only two doctor's visits.

"These pensioners at Buderim have voted for the LNP for 50 years and now they've just been abandoned by them," Mr Palmer said.

Mr Palmer said he would continue to expose what he believed were shortcomings in the budget.

"We've got the balance of power in the Senate, so it's not over yet 'til the fat lady sings," he said.

"There's some things you let pass because the government's got a mandate.

"But in cases where the government's actually lied to the people, where Tony Abbott said we will not do this, he doesn't really have a mandate in my view, and we've got a duty to oppose it."

Meanwhile, Premier Campbell Newman yesterday attended a meeting with state and territory leaders to discuss their Federal Budget concerns.

Mr Newman has suggested the Federal Government should focus on its own overspending to repair the nation's finances rather than turning to the GST.

The GST is the primary source of funding for the states.

THE WORRIES

Clive's Federal Budget problems (so far):

Tertiary education fee increases

HECS repayment threshold drop

HECS debts interest increase

$80 billion funding cuts to education and health

$7 co-payment for doctor's visits