Overview
- The budget forecasts a $2.4 billion surplus for 2025-26, marking Western Australia’s seventh consecutive operating surplus.
- Households will lose the $400 electricity rebate and face a 2.5 percent increase in power and water bills, offset in part by targeted relief measures such as no-interest home battery loans and a flat-fare public transport cap.
- The government commits approximately $38 billion to asset investments over four years, including $1.4 billion each for housing supply initiatives and health and mental health services.
- Economic diversification is bolstered by a $2.7 billion allocation for future growth and $1.4 billion for the Made in WA program to expand local manufacturing and reduce reliance on iron ore.
- Net debt is projected to climb from $33.5 billion to $42.5 billion by 2028-29 and opposition figures have accused the government of omitting last year’s power credit from household fees calculations.