• 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

About us

Treasury plays a central role in managing Western Australia’s public sector finances and in providing expert analysis and advice on the strategies and frameworks necessary for maintaining the State’s economic and financial position.

Read More

Contact us

Postal Address
Locked Bag 11 Cloisters Square WA 6850

Main Switchboard
08 6551 2777

TTY (Hearing Impaired)
13 36 77

[email protected]

Feedback and Complaints

Our Feedback and Complaints system allows you to submit your feedback or complaint and allows us to track the required actions. Please complete the complaints and feedback form.


Annual Report

© Copyright Government of Western Australia.
All right reserved.