The WA State budget was handed down in parliament on Thursday by Treasurer, Ben Wyatt.
This year’s budget is, like last year, set against a backdrop of falling State revenue, a budget deficit and increasing public sector debt. State Government forecasts suggest that it believes the worst is over in terms of the post mining boom slump. However, only modest growth is forecast in terms of State final demand, employment and Government revenue. WA’s population growth has slowed sharply since 2014 and low population growth is expected to continue according to the forward estimates.
Download CHIA’s briefing paper on the WA budget.