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Uncovering WA

The WA Government says it has run eight surpluses in a row. Here's what the media releases don't lead with. Every figure below comes from the Government's own documents or the Auditor General. Click any number for the source.

The top 8 numbers

  1. $44.7 billion: WA's total public sector net debt forecast for June 2029, the highest on record and up $17.3bn from the June 2023 low of $27.4bn. (2026-27 Budget Paper 3; ARSF 2022-23)
  2. +83%: Metronet's like-for-like cost increase, $3bn to $5.5bn, on the Minister's own figures. (ABC, 7 Apr 2024)
  3. $1.6 billion: the cost growth across 10 major government IT projects, from $2.6bn to at least $4.2bn. 8 of the 10 are late. (Auditor General, 2025)
  4. $987 million: WA Health payments processed outside its procurement system in 2025, some started from a "modifiable spreadsheet" with no enforced separation of duties. (Auditor General, 2025)
  5. 26.8% vs 14.5%: growth in public sector FTE versus population growth, 2019 to 2025. (PSC 2024-25; ABS)
  6. $205 million+: spent buying media space for government campaigns, Jul 2019 to Dec 2023. WA has no government advertising law. (Auditor General)
  7. 17 of 22: WA advocacy and service peak bodies that get more than 70% of their revenue from government. (ACNC 2024 data)
  8. 131 of 403: Aboriginal-specific programs never evaluated. Agencies gave no information on another 105. The budget hit $1.02bn in 2023-24. (WA Aboriginal Expenditure Review)

Also on this site: a wind farm that rose from $368m to $513m in 19 months, and an $8m wind fund "announced" four times. See Green Energy & Red Tape and Same Money, Announced Again.

WA's debt in numbers

How WA's debt adds up, from the State's own budget papers:

Line Figure Source and working
WA net debt, 30 June 2026 (actual) $33.4bn ARSF 2025-26 via media statement 30 Sep 2026
Forecast, 30 June 2029 $44.7bn ($44.68bn) 2026-27 BP3
Per West Australian (now) about $10,790 $33.4bn ÷ 3,096,200 residents (ABS ERP, 31 March 2026)
Interest bill (non-financial public sector) about $2.0bn a year 2024-25: $1,750m "other interest" + $255m lease interest (ARSF 2024-25)

WA's debt fell during the iron ore and GST boom. It bottomed out at $27.4bn in June 2023 and is now forecast to climb to a record $44.7bn by 2029, despite 'eight consecutive surpluses'. Figures are total public sector net debt from the State's own budget papers. Interest is the 2024-25 actual for the non-financial public sector.

WA Debt Clock

$58,654,000,000

WA total public sector gross debt: the State's borrowings, including leases.

$33,400,000,000

Net debt: gross debt minus the cash and investments the State holds.

Gross debt is the State's total debt; net debt subtracts the cash and investments it holds that could pay some of it back. Neither counts other liabilities such as public sector superannuation.

Per West Australian at 30 June 2026: about $18,940 gross, $10,790 net (3,096,200 residents, ABS, 31 March 2026).

Projections from the actual figures at 30 June 2026 to the 2026-27 Budget forecasts for June 2029: gross debt of $73.9bn (about $161 a second on average) and net debt of $44.7bn (about $119 a second). Not a live reading. Rebased when the State publishes actuals. Sources: 2025-26 Annual Report on State Finances; 2026-27 Budget Paper 3.

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About and corrections

Australia's FEDERAL debt (live), not WA

Federal debt clock courtesy of audebtclock.org. This shows Commonwealth (federal) debt, not WA's.