WA treasurer tells investors state economy, not ratings demands, is its focus

The treasurer of Western Australia (WA), Mike Nahan, told an investor and dealer panel lunch in Sydney on June 12 that the long-term good of the state economy outweighs near-term demands of rating agencies – which are likely to be satisfied in the coming years, anyway. The state government is doing what it can to improve its budget position, Nahan, says, within the bounds of easing a major economic transition.