Ms. Davies asks the Premier whether WA taxpayers will face higher debt in 2025 than today. The Premier avoids a direct 'yes' or 'no' answer, highlighting debt reduction achieved by his government and criticising the previous government's financial management.

AnsweredQoN 300Legislative Assembly
Asked
17 May 2022
Portfolio
Premier

QuestionView source ↗

NET DEBT — 2022–23
STATE BUDGET
300. Ms M.J. DAVIES to the Premier:
I have a supplementary question.
Thank you, Premier. Premier, yes or no—will WA taxpayers be saddled
with higher debt in 2025 than they are today?
Several members interjected.
The SPEAKER : Order! The
Premier. Only the Premier, thank you.

AnswerView source ↗

We paid off a third of the debt we
inherited from the Liberals and Nationals. It is down $14 billion on where it
was under their forward estimates. The way the forward estimates were
constructed had it going to $44 billion, but knowing the way the Liberals and
Nationals governed, it would have been significantly higher than that.
Several members interjected.
Mr M. McGOWAN : Do members
opposite remember the Treasurers?
Several members interjected.
Mr M. McGOWAN : Hold on. I will
run through them for you: Buswell, Barnett, Porter, Barnett, Buswell, Barnett,
Nahan. That is seven. That was the order of Treasurers. Troy Buswell was
Treasurer twice.
We paid off $14 billion. We have
reduced state debt by a third, and we are the only state government that has
done so. Our intention is to continue on that pathway, but I will not put
overly optimistic iron ore prices and revenue forecasts in the forward
estimates that would set this state up for failure.

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