Federal–State Fiscal Relations
BCA support for the reform of federal–state fiscal arrangements is mentioned in an article titled ‘Overhaul of Federal–State Funding Rules’ by Lenore Taylor, The Australian Financial Review, 21 February 2008.
‘The proposal [for the rationalisation of specific purpose payments] represents a major step towards rationalising longstanding financial inefficiencies between federal and state governments, which the Business Council of Australia estimates cost about $9 billion a year.’