WA Budget mid-year review shows economy roaring back to life , Treasurer Ben Wyatt says
MonMonday 14
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MonMonday 14
DecDecember 2020 at 6:47am
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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:
Debt is now expected to peak at $41.4 billion in 2024, down $1.4 billion
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WA s built a big budget surplus amid the COVID-19 pandemic, now the question is how to spend it
SatSaturday 12
updated
SunSunday 13
DecDecember 2020 at 4:42am
WA appears to be rolling in cash, giving the McGowan Government a war chest ahead of the election.
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In the coming days Western Australia will predict a surplus of $2.2 billion in 2020-21, almost double what was anticipated when the state budget was handed down just three months ago.
Compared to other states and territories, WA appears to be rolling in cash as the country deals with the impact of the coronavirus pandemic.