- Cook Labor Government continuing to deliver for Western Australians in 2026-27 State Budget while keeping the economy and finances the strongest in the nation
- $3.5 billion operating surplus forecast in 2025-26, the eighth consecutive operating surplus handed down
- More than $1billion in support for WA families in 202627
- $13.2 billion infrastructure investment in 2026-27, as part of a record $44.3 billion infrastructure pipeline over the next four years
- Unprecedented $9.1 billion boost to health system, delivering new hospitals, more beds, doctors, and nurses
- Record $4.7billion additional investment to unlock land, build thousands of new homes and help first home buyers into the market
- Targeted savings to deliver $579 million over the next four years
- Net debt as a share of Gross State Product remains below all other states and territories
The Cook Labor Government's 2026-27 State Budget is delivering real cost-of-living relief for Western Australians, while making record new investments in housing, health, and jobs.
Despite increasing global uncertainty, the Cook Labor Government is on track to deliver its eighth consecutive operating surplus of $3.5billion in 202526, with a $2.4billion operating surplus forecast for 202627 and surpluses continuing over the forward estimates.
This Budget's strong financial position will underpin a record $44.3billion infrastructure pipeline over the next four years, including a record $13.2billion infrastructure spend in 202627.
This investment will support the biggest housing and hospital construction programs in the State's history, progress major new projects to decarbonise and diversify the economy and create thousands more jobs.
Despite unstable global economic conditions disrupting financial markets and supply chains, the Cook Labor Government's continued responsible financial management means WA's economy remains resilient.
The 202627Budget will support Western Australia households feeling the impacts of this global uncertainty while keeping the State's economy the strongest in the nation.
The Budget's strong financial position has enabled the Cook Labor Government to provide a significant boost in resources for frontline services across health, housing, education and training, justice, and community services, while delivering targeted cost-of-living relief.
It also continues WA Labor's strong investment in the energy transition, local manufacturing, developing WA's workforce with fee-free TAFE, and supporting tourism and creative industries to diversify the economy.
Major investments in the 202627State Budget include:
- record $9.1billion boost to health and mental health, including $6.5 billion for frontline hospital services, more doctors and nurses, and initiatives to improve access to health services;
- record $4.7billion additional investment in housing to unlock land supply, build thousands of homes for Western Australians, and help first home buyers into the market;
- more than $1billion in cost-of-living relief measures for WA families, including a $100Fuel Support Payment to Western Australian driver's licence holders, a third round of the Student Assistance Payment, increases and extensions to a range of social concessions such as the Energy Assistance Payment and WARent Relief Program, and reductions in household fees and charges; and
- $2.6 billion investment in water and energy projects to diversify and decarbonise the economy including funding for the Kalgoorlie Vanadium Battery, green iron and steel pilot projects, and the Made inWA Energy Affordability Investment Program.
The Cook Labor Government continues its focus on strong financial management in the 2026-27 Budget, with a range of Fiscal Strategy measures to deliver savings of $579 million from improved revenue compliance, goods and services procurement, land sales, and workforce management initiatives.
Western Australia continues to have the lowest debt burden in the nation and remains the only state or territory with a tripleA credit rating from both S&PGlobal and Moody's Ratings.
Net debt is forecast to rise modestly from 7.1 per cent of Gross State Product in 202526 to 8.9 per cent by 202930.
This remains the lowest in the nation, well below the average of other statesat 19.2 per cent, and far below the level inherited from the Liberal and National Government in 2017, which was the worst in the nation at the time.
For more information, visit ourstatebudget.wa.gov.au
As stated by Premier Roger Cook:
"Our strong financial management has helped keep Western Australia's economy the strongest in the nation.
"It's allowed us to invest in our priorities, including providing cost-of-living relief and more homes, hospitals, and jobs for Western Australians.
"In globally uncertain times, our experienced team's strong financial management has maintained confidence in our economy, so that we can continue to provide the infrastructure and services industry and the community need."
As stated by Treasurer Rita Saffioti:
"In this time of great global uncertainty, the Cook Labor Government is putting Western Australian households first and ensuring our economy remains the strongest in the nation.
"We're providing record levels of cost-of-living support in this year's Budget to help families manage the pressures they are facing right now, while delivering on our priorities of housing, health, and jobs.
"We're unlocking housing supply, building more homes, and helping first home buyers, investing more in our health system than ever before, and doubling down on our efforts to diversify the economy and create more jobs.
"Through our stable leadership and strong economic and financial management, we're able to respond to the needs of the community today, while investing in a stronger future for Western Australia."
