business / news / / ABC (Australian Broadcasting Corporation)
Rita Saffioti's third budget is a treasurer's dream in a time of deep global uncertainty.
WA's budget includes a $100 payment for every licensed driver on July 1 as a headline measure.
KEY POINTS
- 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.
COMPANIES
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