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16 May 2024
On 9 May 2024, Treasurer Rita Saffioti delivered the 2024-25 Budget for Western Australia (WA), the eighth State Budget for the WA Labor Government, and the minister’s first as Treasurer.
The WA State Budget refers to the strong financial performance of WA, with a sixth consecutive operating surplus for FY24 and further operating surpluses predicted over the forward estimate period, driven by continued strength in the resources sector and WA economy.
The Budget outlines a series of spending measures across health, housing and homelessness, education and training, transport (including the Metronet Project), community protection, and diversifying and decarbonising the economy.
The Budget contains very few new revenue measures or changes to the State tax regime.
If you would like to further discuss this alert, reach out to our team or your PwC adviser.
George Papadakos
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