WA budget scraps electricity credit amid rising state debt
Share this @internewscast.com
The Western Australian government’s latest budget has removed the $400 electricity credit for households, even with a $2.5 billion surplus. 

This move comes as state debt is expected to grow, with a projection of $42 billion by the end of the decade. 

The budget, the ninth under the current Labor government, outlines a revised direction for the state’s economic priorities.
Treasurer Rita Saffioti aims to diversify the state’s economy away from its reliance on trade with China, focusing on bolstering local manufacturing. (9News)

Despite earlier promises to reduce state debt, figures show an increase. The current debt stands at $33.5 billion and is projected to rise to $42 billion by the end of the decade, in part due to population growth in Perth. 

The annual interest bill on the state’s debt is $2 billion.

Rachel Siewert from the Western Australian Council of Social Service acknowledged some positive aspects of the budget.

“Having cheaper transport fares will help people, having access to breakfast programs will help people, having access to a rent relief scheme will help people,” she said.

“Our point is, we need that and more.”

Saffioti said the budget was “implementing a plan that will shape our state for decades to come”.

This article was produced with the assistance of 9ExPress.
Share this @internewscast.com
You May Also Like
Police probing mystery death at popular Adelaide beach

Authorities Investigating Unexplained Death at Well-Known Adelaide Beach

A young man’s death at a beach in Adelaide’s southern suburbs remains…
Man charged over alleged $20 million cocaine plot

Man Accused in Alleged $20 Million Cocaine Scheme

A man is set to appear in court later this year, following…
t's an Amazon nightmare. Imagine hundreds of oversized packages appear on your doorstep -- and you have no clue why. You never ordered them.

“Hundreds of Misdelivered Packages Turn Woman’s Life into Chaos”

It’s an Amazon nightmare. Imagine hundreds of oversized packages appearing on your…

Ireland’s Ben Healy Clinches Solo Victory in Tour de France Stage Six

Ireland’s Ben Healy won stage six of the Tour de France in…
The young faces of unthinkable tragedy

The Innocent Faces Behind Unimaginable Tragedy

Julian Ryan’s final words to his mother as floodwaters quickly engulfed their…
Geologist James Hagadorn closes boxes of core rock samples at the Denver Museum of Nature & Science on July 9, 2025. (AP Photo/Thomas Peipert)

Discovery Made by US Dinosaur Museum Beneath Its Parking Lot

A US museum famous for its dinosaur exhibits has discovered a fossil…

Melbourne’s Oldest Bookshop Gets a New Home with Help from Hundreds

Book by book, hand to hand — hundreds formed a human chain…

Thailand’s Famous Hippo Moo Deng Marks Her First Birthday

On Thursday, Moo Deng, a pygmy hippo from Thailand, celebrated her first…
Lorde (pictured) appears to be gearing up for a long-awaited return to Australia and New Zealand - and fans are losing it

Lorde Teases Australasian Tour Dates for Her Ultrasound World Tour, Fans Speculate

Lorde appears to be gearing up for a long-awaited return to Australia…

Family of Detained Palestinian Woman Raises Concerns After Her Australian Visa is Revoked

Relatives of a 62-year-old Palestinian woman who fled Gaza say they have…

The “Saltwater Cowboys” Bringing New Life to Australia’s Historic Sea Cucumber Industry

Three brittle brown cylinders rest in Michael Wear’s palm, each the length…
Penny Wong warns of 'worrying' Chinese military buildup

Penny Wong Raises Concerns Over China’s Increasing Military Presence

Foreign Minister Penny Wong has expressed concerns over China’s significant military expansion,…