Question regarding the Treasurer's stance on borrowing to cover normal operating expenditure during a state deficit. The Treasurer acknowledges the need for borrowing during temporary deficits due to economic cycles.

AnsweredQoN 109Legislative Assembly
Asked
2 December 2008
Portfolio
Treasurer

QuestionView source ↗

STATE DEFICIT
As a supplementary question, does the Treasurer support borrowing for normal operating expenditure, such as pens, papers and wages? Mr T.R. BUSWELL

AnswerView source ↗

That is a very interesting question. As the member for Victoria Park well knows, if a jurisdiction’s finances dip into temporary deficit because of cyclical movements in economic activity, of course borrowings will be required to cover the deficit. It is a challenge that we, the federal government and every state government in Australia must face.
Mr T.R. BUSWELL replied: That is a very interesting question. As the member for Victoria Park well knows, if a jurisdiction’s finances dip into temporary deficit because of cyclical movements in economic activity, of course borrowings will be required to cover the deficit. It is a challenge that we, the federal government and every state government in Australia must face.
That is a very interesting question. As the member for Victoria Park well knows, if a jurisdiction’s finances dip into temporary deficit because of cyclical movements in economic activity, of course borrowings will be required to cover the deficit. It is a challenge that we, the federal government and every state government in Australia must face.

Explore WA Government Data

Search the full archive in the free dashboard, or query programmatically via API.

Explore more