WA budget 2016-17: Debt set to increase to $33.8 billion

Andrew Elstermann
Updated May 12 2016 - 6:49pm, first published 4:30pm
The 2016-17 WA state budget, announced on Thursday by Treasurer Mike Nahan, has revealed a $3.9 billion increase in debt, putting the state $33.8 billion in arrears.
The 2016-17 WA state budget, announced on Thursday by Treasurer Mike Nahan, has revealed a $3.9 billion increase in debt, putting the state $33.8 billion in arrears.

Western Australian treasurer Dr Mike Nahan released the 2016-17 state budget on Thursday afternoon with net debt forecast to rise to an estimated $33.8 billion by June 30, 2017 due to an ever-increasing population and a dramatic fall in commodity prices.

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Andrew Elstermann

Andrew Elstermann

Senior Journalist for the Bunbury Mail, Australian Community Media, and Fairfax Media.

Email: andrew.elstermann@fairfaxmedia.com.au

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