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II. Australia

Published online by Cambridge University Press:  07 November 2014

J. A. Maxwell  and
Commonwealth Grants Commission
J. A. Maxwell
Affiliation:
Clark University
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Abstract

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Type
Federal Public Finance: Canada, Australia, South Africa
Information
Canadian Journal of Economics and Political Science/Revue canadienne de economiques et science politique , Volume 3 , Issue 2 , May 1937 , pp. 197 - 201
Copyright
Copyright © Canadian Political Science Association 1937

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References

1 Report of the Royal Commission on the Natural Resources of Saskatchewan (Ottawa, 1935), p. 39.Google Scholar

2 Second Report, p. 37.

2 Third Report, p. 19.

2 Third Report, p. 89.

5 The work of the Commission has produced incidental benefits, not related to its main task. One instance is especially notable. In Tasmania the standard of maintenance of most capital assets—railways, roads, bridges, etc.—had been very inadequate, apparently because of an attempt to minimize budget deficits. The Commission brought this fact to the light and in 1933-4 Tasmania reformed its financial practice by making adequate provision for maintenance. Correct and clear presentation of the public accounts is a great advantage and it can be anticipated that, as a result of the work of the Commission, the financial statements of the Australian states will be improved.

6 Third Report, p. 147.