MODERN FEDERALISM FOR AUSTRALIA'S ECONOMIC FUTURE
Source: Australia. Treasurer. Media Release
"At today's (26/3/08) Council of Australian Governments meeting the Rudd Government and the States and Territories will substantially advance the Modern Federalism agenda to modernise federal-state relations and underpin growth and prosperity into the future.
After more than a hundred years, the governments of Australia are finally getting it right.
Today's meeting in Adelaide will lay crucial new foundations for reform in key areas of federal-state financial relations in particular.
Governments are expected to agree to a new architecture of cooperative funding arrangements that will replace the inefficient and complex system of grants that has plagued key areas of service delivery for decades.
The new financial architecture will make roles and responsibilities much clearer – so that Australians receive the level of service delivery they expect and deserve."