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Books > Social sciences > Politics & government > Local government
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Funding the Future - Financial Sustainability and Infrastructure Finance in Australian Local Government (Paperback)
Loot Price: R1,547
Discovery Miles 15 470
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Funding the Future - Financial Sustainability and Infrastructure Finance in Australian Local Government (Paperback)
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For the past several decades, Australian local government has faced
relentless financial pressures. In attempting to maintain service
levels, most local authorities have invested too little in local
infrastructure maintenance and renewal. The main symptom of this
malaise has been a burgeoning infrastructure backlog, which now far
exceeds the fiscal capacity of a majority of councils. Various
remedial policy measures have been espoused to relieve this
financial distress, most notably structural reform programs based
on forced mergers. However, compulsory consolidation has failed to
achieve its intended aims, and financial unsustainability has
become more acute. Obviously other avenues must now be pursued if
Australian local government is to remain viable.
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