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Thursday, 29 April 1965

Senator COOKE (WESTERN AUSTRALIA) - I ask the Leader of the Government in the Senate whether it is a fact that action is being taken by the Government to compile a new formula to be applied to taxation reimbursements by the Commonwealth to the States. If so, what action is being taken? Will the new formula operate from 1st July? Will the Minister inform the Senate what is contemplated by the Government in respect of this matter and in what way it is expected that the new formula will differ from the formula that has operated for the six years that will end on 30th June next? Will the Senate, as a States House, be given a full report on the matter and an opportunity to debate the new formula prior to its coming into operation?

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