❓ The question asks about the likelihood of mining investment returning to 2014 levels. The answer acknowledges the cyclical nature of the WA economy and avoids making a specific prediction.
AnsweredQoN 5786Legislative Assembly
QuestionView source ↗
I refer to page 885 of Budget Paper number 2 and I ask if the Government of Western Australia ever expects investment in WA's mining sector to return to the amount of $46.2 billion that was achieved in 2014, and if yes, in what year does it expect investment to return to this level or more?
AnswerView source ↗
Answered
19 September 2016
Responded by
Minister for Mines and Petroleum
Response time
34 days
The Western Australia economy is export driven and cyclical in nature. It is therefore difficult to predict medium to long term mining investment with any certainty.
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