Western Australian Treasury Corporation
Mining capex and GST review driving WA recovery
Western Australia (WA)’s economy is continuing an upward trajectory, with increased mining revenues and a favourable reallocation of goods and services tax (GST) among the main drivers of fiscal improvement. The state is now forecasting a fiscal surplus in 2019/20, one year earlier than expected.
WATC announces further fall in new-money requirement
WATC announces fall in new-money requirement
WA seeks to assuage information-hungry investors with ESG pack
Western Australia has released an environmental, social and governance investor pack summarising “key policy commitments and actions to address environmental and social challenges” facing the state. According to Western Australian Treasury Corporation, the pack responds to growing demand for this type of information from mainstream investors and marks an important step on the road to sustainability-bond issuance.
The outlier: WA charts its own course to pandemic exit
Bolstered by a – for a time – record iron-ore price and a largely COVID-19-free existence, Western Australia has enjoyed a unique economic rebound in 2021. The state’s premier and treasurer, Mark McGowan, explains why the state government is keeping cautious budget and public-health policy settings in place.
WA touts economic boom as it maintains conservative pandemic settings
Speaking to dealers and investors in the wake of the 2021/22 Western Australia budget, the state’s premier and treasurer, Mark McGowan, reiterated his government’s commitment to a cautious path to reopening to the rest of Australia and internationally. Meanwhile, a cautious price forecast means Western Australia is confident the risks to budget outcomes are on the upside despite the recent precipitous fall in the value of iron ore.
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