General
WA Budget mid-year review shows economy ‘roaring back to life’, Treasurer Ben Wyatt says
The WA Government says a rebound in household spending, an improving employment and housing market and higher tax revenue have put the economy in a stronger position than expected in the October Budget, which sought to buffer the state from the worst of the global COVID-19 pandemic.
Key points:
- WA has the strongest projected growth of any state, Ben Wyatt says
- Debt is now expected to peak at $41.4 billion in 2024, down $1.4 billion
- The Opposition says the Government is taxing people too much
Treasurer Ben Wyatt delivered his last mid-year financial review before he retires from politics at the March State election, declaring the WA economy was “roaring back to life”.
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