Fed: Stamp duty windfall cuts NSW, Vic share of federal funding
The Commonwealth Grants Commission says New South Wales and Victoria will have theirshare of federal funding cut because of their windfall gains from stamp duty on propertysales.
In its latest report, the commission says all states and territories will receive anincrease in their actual Commonwealth funding for 2002/03.
But New South Wales' share of Commonwealth funding will be lower in 2002/03, as will Victoria's.
Those states' treasurers are expected to dispute the commission's …
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