Infrastructure, cost-of-living relief: WA budget focus
* Surplus: $2.4 billion
* Revenue: $50.2 billion
* Expenditure: $ 47.8 billion
* Net debt: $38.9 billion
* GST revenue: $7.8 billion
* Employment growth: 1.75 per cent
* Economic growth: 2.5 per cent
BUDGET SPENDING:
* $2.7 billion to invest in major economic infrastructure, such as ports and the transmission network, and boost local manufacturing.
* $963 million in cost-of-living relief, including residential battery rebates and no-interest loans, reduce public transport fares, deliver student assistance payments, and ensure household fee increases are below inflation.
* $1.4 billion to increase housing supply and make it more affordable, with funds to build more infrastructure, boost the construction workforce, deliver stamp duty relief and invest in social housing.
* $1.4 billion for health and mental health services to boost emergency services and the number of hospital beds, increase residential parenting services and establish virtual access to specialist care.
* 1.8 billion allocated to education and training to deliver new schools and upgrades, lower TAFE fees and boost before and after school care.
WEST AUSTRALIAN LABOR GOVERNMENT BUDGET FOR 2025/26
* Surplus: $2.4 billion
* Revenue: $50.2 billion
* Expenditure: $ 47.8 billion
* Net debt: $38.9 billion
* GST revenue: $7.8 billion
* Employment growth: 1.75 per cent
* Economic growth: 2.5 per cent
BUDGET SPENDING:
* $2.7 billion to invest in major economic infrastructure, such as ports and the transmission network, and boost local manufacturing.
* $963 million in cost-of-living relief, including residential battery rebates and no-interest loans, reduce public transport fares, deliver student assistance payments, and ensure household fee increases are below inflation.
* $1.4 billion to increase housing supply and make it more affordable, with funds to build more infrastructure, boost the construction workforce, deliver stamp duty relief and invest in social housing.
* $1.4 billion for health and mental health services to boost emergency services and the number of hospital beds, increase residential parenting services and establish virtual access to specialist care.
* 1.8 billion allocated to education and training to deliver new schools and upgrades, lower TAFE fees and boost before and after school care.
WEST AUSTRALIAN LABOR GOVERNMENT BUDGET FOR 2025/26
* Surplus: $2.4 billion
* Revenue: $50.2 billion
* Expenditure: $ 47.8 billion
* Net debt: $38.9 billion
* GST revenue: $7.8 billion
* Employment growth: 1.75 per cent
* Economic growth: 2.5 per cent
BUDGET SPENDING:
* $2.7 billion to invest in major economic infrastructure, such as ports and the transmission network, and boost local manufacturing.
* $963 million in cost-of-living relief, including residential battery rebates and no-interest loans, reduce public transport fares, deliver student assistance payments, and ensure household fee increases are below inflation.
* $1.4 billion to increase housing supply and make it more affordable, with funds to build more infrastructure, boost the construction workforce, deliver stamp duty relief and invest in social housing.
* $1.4 billion for health and mental health services to boost emergency services and the number of hospital beds, increase residential parenting services and establish virtual access to specialist care.
* 1.8 billion allocated to education and training to deliver new schools and upgrades, lower TAFE fees and boost before and after school care.
WEST AUSTRALIAN LABOR GOVERNMENT BUDGET FOR 2025/26
* Surplus: $2.4 billion
* Revenue: $50.2 billion
* Expenditure: $ 47.8 billion
* Net debt: $38.9 billion
* GST revenue: $7.8 billion
* Employment growth: 1.75 per cent
* Economic growth: 2.5 per cent
BUDGET SPENDING:
* $2.7 billion to invest in major economic infrastructure, such as ports and the transmission network, and boost local manufacturing.
* $963 million in cost-of-living relief, including residential battery rebates and no-interest loans, reduce public transport fares, deliver student assistance payments, and ensure household fee increases are below inflation.
* $1.4 billion to increase housing supply and make it more affordable, with funds to build more infrastructure, boost the construction workforce, deliver stamp duty relief and invest in social housing.
* $1.4 billion for health and mental health services to boost emergency services and the number of hospital beds, increase residential parenting services and establish virtual access to specialist care.
* 1.8 billion allocated to education and training to deliver new schools and upgrades, lower TAFE fees and boost before and after school care.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Sky News AU
a day ago
- Sky News AU
WA Transport Minister Rita Saffioti blames Covid-19, Russian President Vladimir Putin for botched contactless payment upgrades
The West Australian government is under fire after it attributed blame for the botched installation of a contactless payment service for busses on Covid-19 and the invasion of Ukraine. Commuters in Perth were told that by 2019 they would be able to use bank cards to tap on and off of busses in the city. However, six years on, the system is well behind schedule and remains in the development phase. The delay prompted shadow transport minister Steve Martin to submit a question on notice, leading to the extraordinary attempt to shift blame from the state government. In response to Mr Martin's question a private secretary for Transport Minister Rita Saffioti claimed the delay was due to factors outside the government's control. 'The SmartRider Upgrade Project has been impacted by the global pandemic and the war in Ukraine, as well as software development issues,' the reply said. Mr Martin described the excuses as extraordinary. 'Is there anyone in the Cook ministry that is willing to take responsibility for any single delay, problem or budget blowout? With this mob it's always someone else's fault,' he said. 'What's the next excuse? The Minister's handling of the transport portfolio has become a farce.' A spokeswoman for WA's Public Transport Authority acknowledged the program had experienced 'some technical and resource challenges'. Those challenges included 'disrupted access' to a Ukraine-based software partner. 'This has been a complex task involving replacement of existing ticketing infrastructure while minimising impacts on Transperth operators and passengers,' the spokeswoman said. 'There has been significant testing of the new software and hardware to ensure that passengers receive the highest level of service.' WA is not the only state to experience major issues with rolling out a contactless pay system for public transport. An upgrade to the myWay platform is facing scrutiny in the Australian Capital Territory Assembly for a botched rollout which saw commuters unable to use cards, while the cost of upgrading New South Wales' Opal system has reportedly blown out to $738 million - up from $568 million. The Opal upgrade will also have taken five years to complete by the time it comes online in 2027. Similarly, in Victoria, an upgrade to the Myki card system has blown out to $680.3million.
AU Financial Review
3 days ago
- AU Financial Review
Watt offers miners no guarantees on looming green reforms
Environment Minister Murray Watt has offered big miners no guarantees on the potential powers of a new federal Environment Protection Authority in face-to-face meetings in Perth this week. Watt met with mining executives, green groups and West Australian Premier Roger Cook on Tuesday as he worked to land the Albanese government's promised overhaul of environmental laws that were abandoned in its first term amid intense opposition from the resources sector.
West Australian
5 days ago
- West Australian
Premier's verdict on Riverside Drive facelift that could become the new home for Rio Tinto
Roger Cook has thrown his support behind a major facelift for Perth's convention centre amid concerns about the cost and only days after his deputy called the project 'hypothetical'. Senior Government sources claim Treasury officials are baulking at the cost of the project, 18 months after the Cook Government trumpeted the proposed design as an 'exciting' vision. On Monday, the Premier denied the redevelopment is in danger of being shelved and confirmed he has even lobbied mining giant Rio Tinto to move-in 'We did encourage Rio Tinto to consider that as one of the sites that they're looking to base their new WA headquarters at,' Mr Cook said. 'And two, the project is not in limbo. We continue to work with the project proponents. They've put a proposal to the State and we'll consider it in due course.' The West Australian understands the proposal will be examined by Cabinet's powerful expenditure review committee this week, but that a final decision on funding could be delayed over concerns about a potential $1 billion price tag. Responding to concerns about traffic disruption during construction last week, Treasurer Rita Saffioti said the project was no certainty. 'These are all hypothetical, we haven't agreed to the full details of that project yet,' she said. On Sunday, Ms Saffioti said she remained 'very keen' to see the project go ahead, but refused to be drawn on a budget. 'We all want to see a new convention centre, but we have to go through the process and make sure we understand the cost for the State,' Ms Saffioti said. 'We need to make sure we get the best value for money for the State, we need to go and make sure that this project can be delivered as we wanted. So we're going through all those processes now. It's a big, big project.' The Government has already spent $35.5 million on the project definition phase, with joint venture partners Wyllie Group and Brookfield. Construction was tipped to start in late 2025, with a target completion date of 2029 in time to host the LNG 2029 conference that Queensland's State Government has now put it's hand up to host - if Perth can't. The PCEC has been labelled an eyesore or 'white elephant' since it opened in 2004, with the Cook Government promising a redeveloped site would provide billions of dollars worth of economic and tourism benefit. The expanded venue would fit up to 7,000 conference delegates and include 23,500 square metres of floorspace for exhibitions. The project also includes space for a new home for SciTech, a new ferry terminal, a hotel and residential apartments, as well as commercial and hospitality venues on prime waterfront real estate.
