State Budget 2025–26 Investor Highlights

This audio interview between WATC CEO Kaylene Gulich and Deputy Premier and Treasurer of Western Australia Rita Saffioti provides an opportunity for both leaders to discuss the benefits of the budget and the strength of the Western Australian economy in their own words.

An overview of the Western Australian economy, economic outlook, state investment and debt and funding program.
Click to view the full presentation. 

Key Budget Highlights:

• Western Australia’s economy continues to be the nation’s economic powerhouse.
• Looking ahead, solid economic growth is expected to continue, however, risks are more heightened.
• Operating surpluses are forecast to be maintained across the forward estimates period.
• Infrastructure investment program includes utilities, health, education and housing.
• Western Australian net debt remains by far the most affordable in the nation.
• There is a larger funding task for WATC than in recent years.

The 2025–26 State Budget was handed down by the Hon. Rita Saffioti MLA, Treasurer of Western Australia, on 19 June 2025. Following the budget release, Western Australian Treasury Corporation announces its estimated term funding requirement for the 2025–26 financial year at $8.8 billion. The WATC forecast borrowing program across the forward estimates period is detailed in the following table:

^{*May not balance due to rounding.}

For information on WATC's Funding Strategy, view our Borrowing Program.