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At a glance

  • The 2021-22 Budget uses the State’s strong financial position to tackle the challenges we face today and invest in our future.
  • The McGowan Government has made the responsible decisions to place our finances on a solid footing. Our financial position has been bolstered by our strong economy, which has boosted revenue across a range of sources.
  • A record $5.6 billion operating surplus was recorded last year (2020-21), with an estimated $2.8 billion surplus expected in 2021-22 and surpluses in each of the outyears.
  • Net debt expected to decline for a third straight year to $32.1 billion by 30 June 2022, more than $11 billion lower than the $43.7 billion projected under the former Liberal-National Government.
  • Record $30.7 billion infrastructure investment providing job certainty and supporting WA businesses.
  • $4.4 billion set aside for future infrastructure including the Women and Babies Hospital, a new desalination plant, and funding for softwood plantations.
  • $2.7 billion to implement the Government’s 2021 election commitments.
  • Additional $1.9 billion investment in the State’s health and mental health systems.
  • Almost $9 billion committed to COVID response and preparedness, including $1 billion added in this Budget.
Page reviewed 9th September 2021