On 29 November 2008, COAG agreed the Intergovernmental Agreement on Federal Financial Relations (IGAFFR). The IGAFFR established a new framework for the Commonwealth’s financial relations with the States and Territories. The federal financial relations framework came into effect on 1 January 2009, representing the single most significant shift in Commonwealth-State relations for decades. The IGAFFR is available on the Standing Council on Federal Financial Relations website.
For more information, see the Federal Financial Relations Framework section of this website.