Treasurer Rita Saffioti has handed down her third State Budget, one pitched as having a laser-focus on cost of living, housing and health.<\/p>\n
Labor\u2019s 10th Budget in power revealed cost-of-living relief for about 2.2 million drivers and an ambitious capital works program amid global uncertainty.<\/p>\n
Here are all the key facts and figures you need to know…<\/p>\n
COST OF LIVING MEASURES<\/p>\n
West Australians have become accustomed to handouts and the 2026-27 State Budget was no different.<\/p>\n
The headline cost of living relief has come in the form of a $100 fuel support payment for the roughly two million people who hold a driver\u2019s licence.<\/p>\n
While billed as a response to rising fuel costs, the payments would barely cover one tank of fuel and do not have to be used at the bowser.<\/p>\n
Parents will also get a continuation of the student assistance payment as the program reaches round three.<\/p>\n
Families will get $150 for every primary school or kindergarten student and $250 for each secondary student, to be paid in term three of 2026.<\/p>\n
HOUSEHOLD FEES AND CHARGES<\/p>\n
While the Budget touts a 3.3 per cent reduction in household bills, this takes into account the $100 fuel support payment.<\/p>\n
Both electricity and water charges will rise 2.75 per cent, totalling a $108.43 increase in annual bills, more than wiping out the fuel payment.<\/p>\n
Motor vehicle charges are also on the up, rising 3.4 per cent, or nearly $35.<\/p>\n
Public transport costs have decreased thanks to the continuation of $2.80 fares as well as free Sunday and student fares.<\/p>\n
IRON ORE<\/p>\n
Ms Saffioti has again taken a cautious approach to future iron ore royalties.<\/p>\n
The figure well surpassed expectations in the most recent financial year, sitting at an estimated $US105 per tonne.<\/p>\n
The price is expected to fall to $85 in 2026-27 and fall further to $72 for the forward estimates.<\/p>\n
IRON ORE PRICE ($US\/TONNE)<\/p>\n
2025-26: $104.7<\/p>\n
2026-27: $85.2<\/p>\n
2027-28: $72<\/p>\n
2028-29: $72<\/p>\n
2029-30: $72<\/p>\n
THE HOUSING SPENDS<\/p>\n
The Cook Government has boasted of how much it is spending in the housing and health sectors.<\/p>\n
Housing will get $4.7 billion, touted to build utility infrastructure to unlock new housing builds.<\/p>\n
It includes $2 billion split 50-50 with the Federal Government to build more than 30,000 homes and a separate $1.5 billion to build more than 3000 social and affordable rentals.<\/p>\n
NET DEBT<\/p>\n
2025-26: $34.5 billion<\/p>\n
2026-27: $40.3 billion<\/p>\n
2027-28: $43.3 billion<\/p>\n
2028-29: $44.7 billion<\/p>\n
2029-30: $44 billion<\/p>\n
UNEMPLOYMENT RATE<\/p>\n
2025-26: 4%<\/p>\n
2026-27: 4.25%<\/p>\n
2027-28: 4.25%<\/p>\n
2028-29: 4.25%<\/p>\n
2029-30: 4.5%<\/p>\n
WAGES GROWTH<\/p>\n
2025-26: 3.75%<\/p>\n
2026-27: 3.25%<\/p>\n
2027-28: 3.25%<\/p>\n
2028-29: 3.25%<\/p>\n
2029-30: 3%<\/p>\n
GOVERNMENT EXPENSES 2025-26<\/p>\n
Health and mental health: $16.7 billion (32%)<\/p>\n
Education: $8.71 billion (17%)<\/p>\n
Electricity and water subsidies: $1.65 billion (3%)<\/p>\n
Roads, rail and transport: $6.35 billion (12%)<\/p>\n
Community safety: $5.75 billion (11%)<\/p>\n
Communities: $3.55 billion (7%)<\/p>\n
Training and TAFEs: $1.27 billion (2%)<\/p>\n
All other: $8.58 billion (16%)<\/p>\n","protected":false},"excerpt":{"rendered":"Treasurer Rita Saffioti has handed down her third State Budget, one pitched as having a laser-focus on cost…\n","protected":false},"author":2,"featured_media":655179,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,1480,44,84,7239],"class_list":["post-655178","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-budget","tag-news","tag-politics","tag-state-politics"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/655178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=655178"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/655178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/655179"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=655178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=655178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=655178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}