• Treasury News

    1 March 2019

    2019-03-01 This Quarterly Financial Results Report provides financial results for the Western Australian public sector for the six months to 31 December 2018. The general government sector recorded an operating surplus of $83 million for the first six months of 2018-19, a $784 million turnaround on the $701...
    28 February 2019

    International Trade: Emerging Developments and Prospective Outlook There is almost universal agreement that free-trade promotes economic growth. As a resource rich, open economy, Western Australia has benefited greatly from trade. This paper reviews the gains from trade and considers recent...
    20 December 2018

    2018-12-20 2018-19 Government Mid-year Financial Projections Statement The 2018-19 Government Mid-year Financial Projections Statement (Mid-year Review) updates the economic assumptions and financial projections detailed in the State Budget that was presented to the Legislative Assembly on 10 May 2018....
    6 December 2018

    The Streamlined Budget Process was implemented as part of the 2015-16 Budget to enable the Government to focus on considerations that materially impact the State’s finances...
    29 November 2018

    2018-11-29 Quarterly Financial Results Report – September 2018 This Quarterly Financial Results Report provides financial results for the Western Australian public sector for the three months to 30 September 2018. The general government sector recorded an operating deficit of $100 million for the three...
    22 November 2018

    Latest update of the Register of Unclaimed Money Treasury has just released the latest update of the Register of Unclaimed Money. This update adds details of monies reported to Treasury for the period ended 31 July 2018 with more than 54,000 amounts totalling over $12.7 million added to the...
    15 November 2018

    2018-11-15 Fair Share for Western Australia On 14 November, the Senate passed legislation changing the way GST revenue is distributed amongst the States and Territories. Our expert and dedicated team in Revenue and Intergovernmental Relations here in Treasury have put in an enormous amount of...
    26 September 2018

    2018-09-26 2017-18 Annual Report on State Finances The 2017-18 Annual Report on State Finances (ARSF) was released by the Treasurer today, and details the major variations between the forecasts contained in the original 2017-18 State Budget (released 7 September 2017), the estimated outturn detailed in the...
    22 May 2018

    2018-05-22 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...
    29 March 2018

    2018-03-29 Review of Revenue Forecasting – February 2018 In October 2017, the Western Australian Department of Treasury commissioned Deloitte Access Economics to undertake a Review of its forecasts or iron ore royalties, payroll tax, transfer duty and land tax. The report compares the Department of...
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