Patterns of Australian State and Local Government Finance
AbstractAustralian fiscal federalism is characterised by vertical fiscal imbalance, with revenue-raising powers vested mainly in the Commonwealth government and expenditure functions falling largely on state and local governments. Historically a system of intergovernmental grants has been employed to address the problem of vertical fiscal imbalance.
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Bibliographic InfoPaper provided by Melbourne - Centre in Finance in its series Papers with number 97-3.
Length: 12 pages
Date of creation: 1997
Date of revision:
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Postal: Centre in Finance, Department of Economics and Finance, Faculty of Business, RMIT GPO Box 2476V Melbourne, Vic 3000 Australia.
Phone: +61 3 9925 5858
Fax: +61 3 9925 5986
Web page: http://www.rmit.edu.au/bus/ecofin
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AUSTRALIA ; FISCAL POLICY;
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- H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
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