“Fortress WA” is how Western Australia's Treasurer Rita Saffioti described how her state will use its huge budget surplus to insulate the state from global tensions.
WA has reported its seventh consecutive surplus of $2.5 billion for 2024-25, with a further surplus forecast for the following year.
This budgetary position continues to be the envy of other states and territories, and the Labor state government is moving to future-proof its economy by investing billions of dollars in infrastructure projects.