ARTICLE · 25 JUNE 2025

A View On The 2025/26 Western Australia State Budget

Alvarez & Marsal

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The Western Australian ("WA") Labor Government has handed down its ninth consecutive WA Budget ("Budget") on 19 June 2025.

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Introduction

The Western Australian ("WA") Labor Government has handed down its ninth consecutive WA Budget ("Budget") on 19 June 2025. The Budget was handed down by the Treasurer Hon Rita Saffioti MLA, a member of Western Australia's elected Labor Government.

The Budget is focused on delivering a strong economic plan for the State in a world of global instability and uncertainty, cementing WA as the most responsible budget manager of the nation, while investing in the economic and social infrastructure to power new jobs and new investment in the State.¹

WA is on track to deliver a seventh consecutive operating surplus in 2024-2025, being an operating surplus of $2.5 billion in 2024-25 and a forecast operating surplus of $2.4 billion in 2025-26.²WA's total revenue is budgeted to be $50,257 million in 2025-26, with a forward estimate of $48,746 million in 2028-29.³ The corresponding total expenses is budgeted to be $47,844 million in 2025-26, with a forward

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