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xkcd #2932: Driving PSA
(imgs.xkcd.com)
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That second picture of yours is just a normal roundabout. Try making one of the roads pass directly through it. And don't change the signaling.
I've noticed that the tram line cuts the traffic in 3 points. What is the speed of that street? Anyway, the tram line is clearly signed in a way that can be noticed on the photo. And every car there is making a weird curve, nobody is speeding anyway.
You'll have to be specific, all five of the roads that enter this roundabout are different, none actually continue through it. I think the maximum speed limit in the area is 60km/h though.
Edit: Also, the weird looking building in the first picture? That's the Royal Melbourne Hospital. There is A Lot going on at this roundabout. Though I guess as far as it not being "bad" it is probably the best intersection they could have built for this location. The cycle length if it were a signalised intersection would be insane.