The Western Australian Government says it is on track to deliver the “eighth consecutive operating surplus” in the 2025-26 financial year on the return of the mid-year review.
The state is forecast to project a $2.5 billion operating surplus in this financial year, which is higher than originally predicted in the state budget.
Net debt has reduced by $3.4 billion at 30 June 2025 than forecast in the budget, currently sitting at $30.1 billion.
Western Australia has grown its economy by 3% over the first three quarters of 2025, while growing 26.7% over the last five years.
Upon reflection of its mid-year review, the state intends to invest $171.3 million to activate more industrial land and headworks as a part of its economic development and decarbonisation initiatives.
Treasurer Rita Saffioti says the Western Australian economy has continued to “outspace the nation” despite ongoing global uncertainty.
“We’re on track to deliver an eighth consecutive operating surplus this financial year. These surpluses have helped fund our investment in infrastructure, which has now totalled more than $62 billion in the last eight years,” Saffioti says.
“Despite this investment, net debt remains lower than when we came to government.
“At the same time, we continue to invest in what matters to Western Australians. We’re investing record amounts in new hospitals and expansions, increasing our spend to boost housing supply and improve affordability, creating more jobs and supporting Western Australian households to manage cost-of-living pressures.”
The Western Australian Government has introduced over 351,000 jobs since coming into office in 2017, with 1.65 million locals employed.
Write to Maddison Elliott at Mining.com.au
Images: Western Australian Government
