"There is much for Australian governments to do to open the books on their activities across the board than just printing budget papers and creating websites for portions of total expenditure. With its potential to promote fiscal responsibility, trust in government and stamping out corruption, there is plenty of upside in greater fiscal transparency."Some similar thoughts here last week.
Wednesday, June 03, 2009
Opening the books
Julie Novak in "Shine a light on government spending" in today's Canberra Times illustrates with some international comparisons what information about public finances we should expect from governments, and the benefits: