Western Australian Budget analysis 2022-23

Western Australian Premier Mark McGowan delivered his second state budget as Treasurer on Thursday 12 May 2022.

The Western Australian Government’s extremely healthy financial position can create a platform for investment in growth and also an opportunity for reform. The 2022-23 WA Budget predicts a sizeable net operating surplus of $5.7 billion for the current financial year – more than double that predicted in the 2021-22 Budget – with further, but smaller, surpluses expected to occur in each year of the forward estimates period to 2026. State government net debt is projected to reach a modest peak...

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Authors: Trevor Hart, Matthew Woods

Published Date: 16 May 2022

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