This Quarterly Financial Results Report provides financial results for the Western Australian public sector for the nine months to 31 March 2018.
While care should be exercised in extrapolating the likely outcome for the 2017-18 year based on the results to date. The March results are broadly consistent with the full-year estimates contained in the 2018-19 Budget (released on 10 May 2018), with the nine months to 31 March 2018 showing a stabilisation in own-source revenue and continued subdued growth in general government expenses.
The general government sector recorded an operating deficit of $1,285 million for the nine months to 31 March 2018, compared to a $1,934 million deficit reported for the same period in 2016-17.
Infrastructure spending for the first nine months of 2017-18 totalled $3.2 billion, $184 million (or 5.4%) higher than the amounts reported for the same period in 2016-17.