Industry News

Gold, iron ore and population swell big state's coffers

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Update time : 2025-12-19 17:56:00

A thriving economy, robust commodity prices and a growing population have helped Australia's richest state maintain its enviable financial position.

In the mid-year budget review, the Western Australian government projected the state's finances to be $2.5 billion in the black for 2025/26, up from $2.4 billion forecast in June.

Treasurer Rita Saffioti said WA was on track to deliver its eighth consecutive operating surplus this financial year.

"Despite ongoing global uncertainty, the WA economy continues to outpace the nation," she said on Thursday.

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