Commonwealth Consolidated Acts

FEDERAL FINANCIAL RELATIONS ACT 2009 - SECT 3

  (1)   The main object of this Act is to provide ongoing financial support for the delivery of services by the States, through:

  (a)   general revenue assistance, including the provision of GST revenue grants, to be used by the States for any purpose; and

  (b)   national specific purpose payments, to be spent by the States on certain service delivery sectors; and

  (ba)   national health reform payments, to be spent by the States in accordance with the National Health Reform Agreement; and

  (bb)   payments relating to:

  (i)   housing; and

  (ii)   homelessness; and

  (iii)   housing affordability matters;

    to be spent by the States in accordance with:

  (iv)   a primary housing agreement and a supplementary housing agreement; or

  (v)   a designated housing agreement; and

  (c)   national partnership payments, to:

  (i)   support the delivery by the States of specified outputs or projects; or

  (ii)   facilitate reforms by the States; or

  (iii)   reward the States for nationally significant reforms.

  (2)   Another object of this Act is to provide financial support for the delivery by the States of temporary and targeted relief from high energy bills for households and small businesses.