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WA reveals budget boost as iron ore stays stronger and longer

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Western Australia’s budget position has gone for strength-to-strength on the back of higher than forecast iron ore prices and amid a war of words over financial management and GST share with NSW.

The improvement in budget figures, already the envy of other states, has increased scrutiny on WA premier Mark McGowan’s recent move to tap resources giants for hundreds of millions of dollars on top of their vast royalty and tax contributions.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

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    Original URL: https://www.afr.com/policy/economy/wa-reveals-budget-boost-as-iron-ore-stays-stronger-and-longer-20221215-p5c6k4