• Overview of the Economic and Fiscal Outlook

    On 6 April 2017, the Treasurer and Under Treasurer provided an overview of the economic and fiscal outlook for Western Australia. 

    The overview reveals that, in two months, general government revenue has been revised down by $1.2 billion since pre-election forecasts, which is primarily a result of the lower than expected GST relativity ($735 million), a further $199 million revision to forecast GST grants for the impact of lower population growth in WA, and the impact of declining land valuations on forecast land tax and Metropolitan Region Improvement Tax collections ($239 million). 

     

    Published date: 06 April 2017