Temporary Federal Government decisions

The longest temporary change in Australian economic history started in 1942 when the Commonwealth took over income tax from the States. The then Federal Government promised that the switch was only for the duration of the war. Makes you wonder about temporary budget deficits doesn't it?

Comments

Popular posts from this blog

Lured onto Tik Tok by Peter Dutton

A quiet week so Amanda brings back the fat cats – the commentariat daily for Sunday 22 June