Overview
- Western Australia is 2.5 million square kilometres in size, and one third of Australia’s land mass.
- The population of 3.0 million accounts for approximately 11% of Australia’s population of 27.6 million.
- Western Australia is a high-income, export orientated economy with merchandise goods exports worth A$232 billion in 2024–25.
- In 2024–25, iron ore was the State's most valuable resource, followed by liquefied natural gas (LNG), gold, alumina and bauxite, condensate, lithium, crude oil, nickel and base metals (copper, lead and zinc).
Under Section 13(1) of the Western Australian Treasury Corporation Act 1986, financial liabilities incurred or assumed by WATC are guaranteed by the Treasurer on behalf of the State.
WATC’s borrowings are afforded strong credit ratings, being rated AAA by S&P Global Ratings and Aaa by Moody’s Ratings.
Western Australia - A Good Value Proposition
The State's economy is underpinned by a diversified resource base and strong exports, which are significant contributors to State and national income.
There is continued vigilance on expense control, while building the bigger picture with necessary asset investments.
Western Australian Treasury Corporation is active in both domestic and overseas financial markets.
Western Australian Treasury Corporation has large volumes on issue, qualifying as Level 1 Assets by APRA under Basel III.
Learn more about our State’s comparative performance and key economic outputs.
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Banner images:
Top - Kukerin. Image courtesy of Tourism Western Australia. Below - Beach landscape. Image courtesy of Water Corporation.