We are observing that despite the part of the same country, each Australian State and Territory are responding differently to the Covid-19 pandemic. However, the power to open the Australian borders for international students and visitors seems to be in the hands of the Federal Government only. We know that income tax in collected by the Federal Government but stamp duty is payable to the State Government. In the context of your knowledge of the Australian constitution, analyse the basis of each of these statements. Question 2: Penny has recently retired after working as a lawyer for 30 years. However, to keep herself active and also to earn some money for holidays she is planning to sell cup-cakes at the Farmers Market held in her locality every Saturday. Penny inherited a unique recipe for cakes from her grandmother and believes her cakes will hit the market. Penny is looking forward to a relatively quiet lifestyle aims to minimise paperwork or legal complexities. Advise the most appropriate business structure to Penny explaining the reasons.