Treasurer Joe Hockey says the states and territories would be mad to pass up on an offer he's about to make to get them on board the federal government's infrastructure building program.

Mr Hockey wouldn’t detail what would be on the table when he meets his state counterparts on Friday, but the ABC is reporting it could be related to corporate tax receipts. “We will see how the meeting goes,” he told reporters in Canberra. “I have no doubt that the states…