# Rita Saffioti's third budget is a treasurer's dream in a time of deep global uncertainty.

*business · news · 2026-05-07 · ABC (Australian Broadcasting Corporation)*

## Key points

- WA's budget includes a $100 payment for every licensed driver on July 1 as a headline measure.
- A sharp fall in iron ore royalties is anticipated, risking reduced government revenue over time.
- The GST deal is under Productivity Commission review, possibly threatening WA's increasing reliance on GST revenue.
- Plans to cut 1,500 public service jobs signal a willingness for budget repair but face union resistance.
- The budget warns that persistent inflation and China's economic slowdown could undermine WA's economic outlook.

**Countries:** Australia, China

[Read the full story on ABC (Australian Broadcasting Corporation)](https://www.abc.net.au/news/2026-05-08/wa-budget-analysis-bumper-surplus-cost-of-living-relief/106654852)

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