The Western Australian Government has reported an operating surplus of $2.8 billion for the nine months to March this year.
This compares with a $3.8 billion surplus reported for the same period in the year before.
State Treasurer Rita Saffioti says the March 2025 quarterly financial results also show that revenue is $1.9 billion higher than 2024.
She attributed this to higher Commonwealth funding and tax revenue, offset somewhat by iron and lithium having lower royalty incomes.
The operating surplus has supported $9.7 billion in infrastructure spending for the first nine months of the year, with investments in water and power projects, including the Alkimos desalination plant, batteries and transmission lines.
The latest figures also showed that public sector net debt was $30.8 billion as of March 2025, falling $3.1 billion below the pre‑election estimated statement forecast for 30 June 2025.
“Western Australia’s population continues to grow faster than any other jurisdiction in the country, and it’s important we continue to invest in priority areas to ensure we keep pace with demand,” said Saffioti.
