Fiscal Federalism in Australia
The Australian Federation was formed in 1901 when the six British colonies on the Australian continent asked the British Government to pass legislation to form the Commonwealth of Australia. One of those colonies, South Australia, brought the Northern Territory into the Federation with it as a Commonwealth Territory. In 1913, the Australian Capital Territory (ACT) was formed when, as required by the Constitution, the Commonwealth Parliament annexed an area from New South Wales so that the national capital, Canberra, could be constructed.
KeywordsMunicipal Government Capita Relativity Australian Capital Territory Fiscal Equalisation Fiscal Transfer
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