the Second World War the states were the drivers of Australian fiscal policy,
collecting the bulk of taxes and doing most of the spending. The commonwealth
was a relatively minor player.
In 1942, however, the states agreed to
commonwealth taking over income tax powers.
for the first time since then, the balance of power in the Australian
federation is shifting from the commonwealth back to the states and
governments raise, spend and re-distribute ‘OUR’ money should be an issue of
critical interest to all Australians.