Imagine taking money from others when times were bad, and not paying it back when times improved. That’s Western Australia’s approach to the other states.
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Articles on Vertical fiscal imbalance
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The states are primarily responsible for providing infrastructure, but lack the budgets, especially since the pandemic hit revenues. Making up the shortfall depends very much on the Commonwealth.
Hoping for the best is not a budget management strategy: but Australia can set realistic goals.
The path back to surplus inevitably winds through state finances. And it’s a potholed road.
The Turnbull government’s cities policy is the latest incarnation of ‘the-Commonwealth-knows-best’ approach, with little regard for whether urban issues are best resolved at the metropolitan level.
Free market economists love the idea, but not everyone would welcome the competition.
It would be easy to misinterpret a recent comment by federal Treasurer Scott Morrison as meaning that states and territories generate 90% of all revenue collected in Australia. That’s not the case.
The government’s attempt to engage the States on one hand while whipping them with the other does not augur well for tackling growing health and education costs – or for lasting federal reform.
Privatising public assets is like a tradesperson selling her or his tools when facing a temporary income shortfall. Much better to borrow at low interest rates and productively invest those funds.
The Renewing Federalism series, in partnership with Australian National University’s Tax and Transfer Policy Institute at the Crawford School of Public Policy and with the University of Melbourne School…
The reform of Australia’s federation is under review. So far in our special series, leading Australian academics have discussed the future of the federation when it comes to taxation, education and health…
The reform of Australia’s federation is under review. In this special series, we ask leading Australian academics to begin a debate on renewing federalism, from tax reform to the broader issues of democracy…
The reform of Australia’s federation is under review. In this special series, we ask leading Australian academics to begin a debate on renewing federalism, from tax reform to the broader issues of democracy…
The reform of Australia’s federation is under review. In this special series, we ask leading Australian academics to begin a debate on renewing federalism, from tax reform to the broader issues of democracy…
The reform of Australia’s federation is under review, with a White Paper process currently underway. In partnership with the Australian National University’s Tax and Transfer Policy Institute at the Crawford…
When our two major levels of government work in partnership, our Federation can function well. The standout period for cooperative federalism was the Hawke/Keating term of government, producing the National…
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Professor, The University of Melbourne
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Professor, Department of Economics, The University of Melbourne
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Professiorial Fellow, The University of Melbourne
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Emeritus Professor, Department of Political Economy, University of Sydney
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Professor of Political Science; Director, Tasmanian Policy Exchange, University of Tasmania
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Dean and Professor of Law, UNSW Sydney
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Professor of Political Science, The University of Melbourne
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Professor of Urban Planning, The University of Melbourne
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Professor and Chair, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
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Associate Professor of Urban Planning, The University of Melbourne
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Member of the Board of Governors, ANU Foundation for Excellence, Australian National University
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Professor, Curtin Law School and Curtin Business School, Curtin University
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Honorary Associate Professor in Planning, University of Queensland, University of Sydney
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Professor of Economics, RMIT University
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Professor of Politics, Curtin University
