Budget Highlights initiatives

Key Budget initiatives

The 2024-25 State Budget provides real cost of living relief for Western Australians and delivers on the needs of our State’s strong economy, which continues to grow and power the nation. This Budget focuses on boosting housing supply, creating the jobs of the future, investing in health and education, and delivering major infrastructure for our growing population.

At a glance:

  • An additional $762 million in cost of living relief providing record support to WA families, including a $400 electricity credit for all households and small businesses, the WA Student Assistance Payment, free public transport initiatives, a $100 boost for the Regional Pensioner Travel Card and capping airfares for regional WA residents, on top of significant targeted relief for those most in need.
  • $1.1 billion to boost housing supply and affordability, delivering almost 5,000 additional social homes, supporting homelessness services, building affordable housing, reducing stamp duty for first home buyers, introducing the Vacant Property Rental Incentive Scheme, and expanding our residential construction workforce.
  • $3.2 billion to boost health services including more doctors, nurses and beds, initiatives to improve emergency access and reduce ambulance ramping, delivering the Electronic Medical Record Program, and boosting funding for mental health services.
  • $1.3 billion for education and training initiatives, including significant investments in new and upgraded schools, a new swimming safety program, investments in training to grow our construction sector, and providing additional Free TAFE places.
  • $1.8 billion to diversify and set up WA’s economy for the long-term through investments in strategic industrial areas, ports and roads, tourism infrastructure, slashing red tape for businesses, reforming our approvals system and investing in water and power infrastructure to position WA as a global clean energy powerhouse.
Page reviewed 9 May 2024