Mr. Nalder requests the Treasurer to table Treasury figures on the state's finances to understand the impact of COVID-19. The Treasurer acknowledges the dramatic impact and promises an update soon, pending reliable data.

AnsweredQoN 322Legislative Assembly
Asked
20 May 2020
Portfolio
Treasurer

QuestionView source ↗

STATE ECONOMY
322. Mr D.C. NALDER to the Treasurer:
Given the state budget was to be
released last week, will the Treasurer table the Treasury's latest
figures on the state's finances to give the public and business
community an understanding of Western Australia's finances and impact
of the COVID-19 crisis on our economy?

AnswerView source ↗

Suffice
to say, the impact of coronavirus on the Western Australian economy has been
dramatic. I think that all datasets that we are seeing, whether from the
Australian Bureau of Statistics or, indeed, private sector economists,
highlight the unemployment numbers and revenue statistics for the government.
Very shortly, we will update with the March quarterly report to the Parliament.
I think that will highlight a very small impact as at the March quarter, but,
clearly, the June quarter is where the majority of the impact will be felt.
Unsurprisingly, June and perhaps September will be the two most dramatic
quarters. In the next little while, we will get a better understanding of what
the June quarter will start to look like. Those figures change on a daily basis.
Once I have confidence that the numbers that we can put out are, indeed, reflective of the impact on the
finances on the broader economy, we will certainly do so.

Explore WA Government Data

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

Explore more