Economic and Fiscal Outlook

The strength of the WA economy and the State’s financial position formed a central part of the Government’s Budget narrative

The 2021-22 Budget painted a positive picture for both the WA economy and the State’s financial position - at odds with other States and countries. The positive outcomes were put down to the Government’s sound management of the COVID-19 pandemic, which allowed our key industries to continue operating.
 
The Budget was headlined by a $5.6 billion operating surplus in 2020-21, which far exceeds any surplus previously reported in WA.

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