WA Budget 2023: Mark McGowan's third budget delivers another massive surplus for WA
ABCWestern Australia's position as the nation's strongest economy remains unchallenged, after Premier and Treasurer Mark McGowan handed down another massive budget surplus of $4.2 billion for the current financial year. Key points: Mark McGowan has delivered his third budget as WA treasurer WA will see a net operating surplus of $3.3 billion in 2023-24 The state's net debt will be $27.9 billion at June 30, but is tipped to rise That figure is larger than the $4 billion federal surplus announced on Tuesday by treasurer Jim Chalmers, Australia's first surplus in 15 years. Delivering his third state budget as treasurer, and his government's seventh overall, Mr McGowan revealed the state's debt had again fallen, to $27.9 billion, although that figure is forecast to rise. Mark McGowan's third budget as WA treasurer saw the state's debt fall to $27.9 million.
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