Western Australia has posted a nation-leading $5.7 billion budget surplus, driven by what Premier Mark McGowan describes as one of the strongest economies in the world.
The 2021/22 surplus – lower than some forecasts but higher than the $2.4 billion mid-year estimate – would make other state treasurers ‘green with envy’, Mr McGowan noted when releasing the budget on Thursday.
Announcing his government’s 2022/23 outlook, the premier sent a pointed message about economic management just a week…