Labor Government maintains strong financial performance

• March 2026 Quarterly Financial Results Report released today
• Western Australia records $2.6 billion operating surplus for the first nine months of 2025‑26
• Net debt $2 billion below Budget forecast in 2025-26
• $8.5 billion invested in infrastructure projects including the New Women and Babies Hospital and near completion of the Collie battery storage project
• Cook Labor Government committed to responsibly managing the State's finances

The Cook Labor Government's strong budget management and ongoing investment in critical economic infrastructure has been highlighted in the March 2026 Quarterly Financial Results Report released today.

The report released by the Department of Treasury and Finance shows Western Australia's finances remain the strongest in the nation, with an operating surplus of $2.6 billion recorded for the nine months to 31 March 2026.

Total public sector net debt was $32.5 billion as of 31 March 2026, $2 billion lower than estimated for 30 June 2026 in the recent 2026‑27 Budget.

General government revenue was $1.8 billion higher compared to the same period last year, driven by higher taxation revenue, dividend income and royalty revenue which was partially offset by lower Commonwealth grants.

Expenses increased by $2 billion over the same period, primarily reflecting higher employee costs in health and education and the impact of recent industrial agreements.

The Cook Labor Government continues to invest in critical infrastructure to support jobs and economic growth, with $8.5 billion invested in infrastructure projects over the nine months to 31 March 2026.

Major projects being delivered include the New Women and Babies Hospital, Bunbury Hospital redevelopment and the near completion of the Collie Battery Energy Storage project.

The March 2026 Quarterly Financial Results Report is available to view at: www.wa.gov.au/organisation/department-of-treasury-and-finance

Comments attributed to Treasurer Rita Saffioti:

"The Cook Labor Government is committed to responsibly managing our State's finances so we can continue to deliver the infrastructure and services Western Australians need.

"These results highlight Western Australia's public sector finances remain the strongest in the nation.

"Western Australia also continues to be the only State in the country to hold a triple‑A credit rating from both Moody's and S&P Global.

"We'll continue to work hard to ensure our economy remains resilient in the face global uncertainty while creating jobs, building critical infrastructure and investing in our State's future."