commission on fiscal imbalance 合集

Commonwealth grants commission 2001 report on state

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Unformatted text preview: e “rollback” of the GST so that certain “necessities” become, in the Australian terminology, GST-free, that is zero-rated. The revenue cost of this reform would, without compensation arrangements, be borne by the States but the policy proposals so far have not discussed compensation. Under the IGA, any proposal to change the GST base would need the unanimous support of, inter alia, all States and Territories and should be consistent with maintenance of the integrity of the tax base. It would appear that the Federal Opposition would be willing, if necessary, to break the IGA. I believe that, in the long run, Federal Governments on either side of politics will find it difficult to resist the temptation to appropriate, either directly or indirectly, some of the GST revenue. Australian Federal Governments have consistently exercised financial domination over the States and I would expect this tradition to continue. 138 Commission on Fiscal Imbalance REFERENCES Budget Paper No. 3, Federal Financial Relations, various years. Collins, D.J. (ed.) (1993), Vertical Fiscal Imbalance, Australian Tax Research Foundation. Collins, D.J. and Lapsley H.M. (1996), The social costs of drug abuse in Australia in 1988 and 1992, National Drug Strategy Monograph Series No. 30, Australian Government Publishing Service. Collins, D.J. (2000), The impact of the GST package on Commonwealth-State financial relations, Australian Tax Research Foundation Research Study No.34. Commonwealth Grants Commission (1999;1), Proposals for the Treatment of New Developments in State and Territory Finances, and Data Changes Relevant to the 200 Update of Relativities, Discussion paper CGC 99/2, September. Commonwealth Grants Commission (1999:2), Report on General Grant Relativities, 1999, Volumes I-III. Commonwealth Grants Commission (2001), Report on State Revenue Sharing Relativities 2000Update. Costello, Peter (1998), Tax Reform: not a new tax, a new tax system, circulated August, Australian Government Publishing Service. Costello, Peter (2000), Inaugural Meeting of Ministerial Council for Commonwealth-State Financial Relations and Outcome of Loan Council Meeting, Press Release, March 17. Costello, Peter (2001), “Challenges and Benefits of Globalisation”, address to The Sydney Institute, 25 July. Intergovernmental Agreement on the Reform of Commonwealth-State Financial Relations, Schedule 2 to A New Tax System (Commonwealth-State Financial Arrangements) Act 1999, no.110, 1999. Also reproduced as Appendix B of Budget Paper No. 3, 1999-2000, Federal Financial Relations 1999-2000, AGPS, May 1999. James, Denis W. (1992), Intergovernmental Financial Relations in Australia, Australian Tax Research Foundation. New South Wales Tax Task Force (1988), Tax Reform and NSW Economic Development. Review of the State Tax System (“Collins Report”), August. New South Wales Treasury (1996), Interstate Comparison of Taxes 1996-97, Research and Information Paper TRP 965, November. New South Wales Treasury (2000), Interstate Comparison of Taxes 2000-2001, Research and Inform...
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This note was uploaded on 03/06/2013 for the course ECON 220 taught by Professor Paulo during the Spring '13 term at University of Liverpool.

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