The Australian Model of Federalism in 2015 is terrible for Business and is Stifling the Country’s Economy (Term Paper Sample)
This is a business law paper that aims at The Australian Model of Federalism in 2015 is terrible for Business and is Stifling the Country’s Economy
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The Australian Model of Federalism in 2015 is terrible for Business and is Stifling the Country’s Economy
Name
Institution
The Australian Model of Federalism in 2015 is terrible for Business and is Stifling the Country’s Economy
Introduction
The government policies and structure of the law is critical in determining the competitiveness of a country in the business sector globally. The interrelation of business and the law has been a central issue in Australia due to the current changes in the relationship between the corporate industry and government in the country. The ongoing dynamic nature of the global business sector requires an evaluation of the governance of the country to determine whether it favours the competitiveness of the country. Australia currently uses centralized management in its provision of public services and financing. A balance between state autonomy and federal control is critical in determining funding and regulation of public services. The Council of Australia Governments (COAG) was created to oversee this balance.[Koutsogeorgopulou, Vassiliki, and Annamaria Tuske. "Federal-State Relations in Australia." (2015) 3.]
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