(a) during a fiscal year, financial assistance was provided to a state under this Act; and (b) the total amount levied from the COAG reform fund during the year for the granting of such grants; 14. The amounts shown in Table 2 are the amounts for the 2014-15 general grant, including this provision. The Commonwealth provides general financial assistance to the Territory of the Australian Capital to: b) to do so in the manner and period of the primary housing contract or the supplementary housing contract, as is the case. b) a supplementary housing contract for the year. 2. The total amount of financial assistance to be provided to states for a fiscal year under subsection 1 is: 5. This provision is made in accordance with Article 9 of the Act to support state services through general financial assistance that states must use for all intents and purposes. (a) the fiscal year beginning July 1, 2009; and (i) address the priority homelessness cohorts mentioned in the primary housing contract; and that the Minister was entitled to obtain financial assistance for a fiscal year, he must deduct an amount equal to the excess of each amount that the state may receive under this provision as financial assistance for the first subsequent year that can be made. The bill, introduced by the Federal Amendments and Transitional Provisions bill 2009, provides resources for state financial assistance by implementing THE COAG Intergovernmental Agreement on Federal Financial Relations through general financial aid (including GST payments), special national payments and payments for national partnerships.
The Intergovernmental Agreement [PDF 39KB] represents the government of the most important no in Australia`s financial relations in decades. It recognizes that it is primarily the responsibility of states to provide services, but that coordinated measures are needed to address Australia`s economic and social challenges. 1. This provision is the federal financial relationship (general grant) Determination 69 (December 2014). The COA Reform Fund Act of 2008 defines the COAG Reform Fund for the purpose of providing financial assistance to states. It stipulates that the conditions for granting financial aid are defined by written agreements between the Commonwealth and the States. designated housing contract, an agreement that: (a) the total amount of credit to the COAG reform fund covered in paragraph 2, point a), during the year; and (ii) the state is a party to a particular housing contract; On average, the Commonwealth funds almost half of government and territory spending through financial assistance. These grants include: the intergovernmental agreement is an agreement of COAG, which is the main decision-making body on its implementation.