Abstract
Australian federalism in the 1970s was characterised by marked vertical and horizontal financial imbalance, a trend towards ‘big government’, and increasing government involvement in social policy. These characteristics presented a challenge to a system in which the federal government dominated revenue and the states dominated expenditure. The challenge was met by altering the method of transfer payments within the federal system. Attempts to adopt a clear principle of fiscal equalisation in such transfer payments were thwarted however by political expediency.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Paper version not known
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
