Annual Report 2022

About This Report 

The 2022 Annual Report provides information about the services and performance of our organisation and includes audited financial statements and performance indicators for the financial year ending 30 June 2022.

Western Australian Treasury Corporation – 2022 Annual Report – PDF Version

Western Australian Treasury Corporation – 2022 Annual Report – Word Version – Excludes Financial Statements





Key Highlights 

Staff Engagement

Significantly improved staff engagement, reflecting our continued focus, initiatives, and strategies to support and enable our staff.
$47.8 billion
Client Debt

We successfully managed and delivered on all client borrowing requirements during a year of heightened market volatility.
Client Satisfaction

We continued to deliver high-quality, cost-effective financial solutions. Our Advisory Services team contributed their expertise to 53 projects for 32 clients.
$446.1 million
Client Foreign Exchange

We transacted in 11 currencies on behalf of 20 clients and assisted in effectively managing their foreign exchange risk.
Return of the AAA
Credit Rating

S&P Global Ratings reinstated Western Australia’s AAA credit rating, which was “supported by Western Australia’s track record of robust financial management, a very high-income economy, and exceptional liquidity”.
$5.5 billion
Client Funds Managed

We successfully managed five client investment portfolios in accordance with approved policy frameworks.
Building Knowledge

We engaged with over 450 client contacts through our education and training programs, industry forums and economic presentations.
ESG Credentials
Promoting Western Australia

We produced, in partnership with an intra-government working group, the inaugural Environmental, Social and Governance (ESG) Information Pack, to showcase the State’s current and planned ESG-related projects and initiatives.
Sustainable Lending
Supporting Local Government

We updated our lending framework to ensure our lending practises continue to be responsible and appropriate, supporting the financial sustainability of the sector.



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Agency Performance

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Disclosures and
Legal Compliance

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Financial Statements

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