• 2019-20 Government Mid-year Financial Projections Statement

    The 2019-20 Government Mid-year Financial Projections Statement (Mid-year Review) updates the economic assumptions and financial projections detailed in the State Budget released on 9 May 2019.

    The Mid-year Review shows that: 

    • Western Australia’s economy is expected to grow by 3% in 2019-20, up from 1% growth in 2018-19;
    • the general government operating surplus for 2019-20 has strengthened (to a forecast $2.6 billion), reflecting a number of temporary or one-off revenue factors, and disciplined expenditure management; and 
    • the forecast level of total public sector net debt at 30 June 2023 has been revised down $3.2 billion since Budget.  

    Full details are available in the Mid-year Review.   

     

    Published date: 18 December 2019

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