Thursday, 26 July 2012 - 12:30am
PoliticOZ position:
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"The states and territories are radically underfunded to allow them to discharge their basic responsibilities to provide health, education, roads and the like. The phenomenon is known as Vertical Fiscal Imbalance and it is arguably the most urgent governance problem Australia faces. Yet neither Julia Gillard nor Tony Abbott is addressing it or even mentioning it in passing."