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Premier and Treasurer Mark McGowan has delivered another bumper budget, with a $5.7 billion surplus facilitating record healthcare investment and a one-off cost of living boost for Western Australians. But the real headline for any WA budget is always iron ore – and that has meant good news in the past couple of years for the McGowan Government. See also: 2022 WA budget fast facts Of the State’s $38.428 billion total forecast revenue for the upcoming 2022-23 financial year, revenue from iron ore royalties accounts for $5.645 billion. However, compared to the financial year about to end, this represents a significant decline in iron

Before we look forward to 2022-23, it’s also helpful to look back to what happened in 2021-22. That year’s budget forecast a surplus of $2.8 billion based on an iron ore price assumption of $121.30 per tonne. After a surplus of $5.8 billion in 2020-21, the 2021-22 surplus is estimated to come in ever so slightly lower at $5.7 billion. This figure is clearly well above the previous forecast mainly due to a higher than forecast iron ore price over the last year This resulted in net debt falling from $33 billion in 2020-21 to $30 billion in 2021-22. As Mr McGowan

As the worst economic impacts of the COVID-19 pandemic appear to be waning, the cost of living is coming into focus as the major issue facing Australians, potentially swinging their vote as the election approaches. But why are we finding it harder to make ends meet? Will things get better soon? And what can the Commonwealth government do to help ease the pressure? Well, as my old State Treasury colleagues would say: it’s complicated and it depends. Inflation creation Rising cost of living is generally synonymous with higher inflation.  But inflation has been fairly stable over the last five years with the Consumer

Cannings Purple had a big year in 2021; helping hundreds of clients achieve their strategic goals, welcoming many new members to our team, and even gaining international recognition at the 2021 Asia-Pacific SABRE awards. Tune in as a few of our team members reflect on their favourite projects from the last 12 months. Getting WA to the moon Our incoming Director of Corporate Affairs, Carina Tan-Van Baren, found it difficult to narrow it down to one project, but as a bit of a space-nerd, she couldn’t help but settle on working with Curtin University’s Space Science and Technology Centre to send WA's first

Navigating your path through government engagement on any project can be a daunting task. Between departments and agencies, ministers, policy advisers, public servants, industry groups and lobbyists, there are plenty of reasons why you might feel lost. While the Government Relations team at Cannings Purple is here to guide you through these engagements, it is important not to forget about engaging with the community. Here are three reasons why: Politicians expect it: When we meet with politicians to talk about clients’ project/issues, there’s one question we are inevitably asked: “have you spoken to the community?” If the answer is “yes” and you

Meeting a minister is difficult. Leaving a meeting fully satisfied might sometimes seem impossible. But many of the reasons people get annoyed about ministerial meetings are the result of misunderstandings and misconceptions. Here are my top 10 reasons people get annoyed — and why they probably shouldn’t feel quite so put out. You don’t get a meeting at all, you may just get a letter or email response While everyone wants to meet the minister, a face-to-face meeting is often not required. It may be that in the view of the minister’s office, the issue you want to raise is easy to

WA had reason to be pleased after the GST reform package cleared the Senate recently but one big question still remains: did it have to take so long? And, building on that query, would the previous GST system have been overhauled more quickly if it were NSW and Victoria being penalised rather than us? The good news for WA is that key economic pointers suggest we’re continuing to emerge from the worst downturn in living memory. The GST fix can only help. But despite those green shoots, it’s fair to say that Canberra is only just starting to gain a true appreciation for

Premier Mark McGowan’s announcement today of a mid-term reshuffle of his cabinet should be welcome news – particularly for anyone involved in the energy industry. For nearly two years of Mr McGowan’s premiership, Mines and Petroleum sat with Bill Johnston, while Energy was with Treasurer Ben Wyatt. The same split had existed as part of the previous Liberal government and in my opinion it never really worked, given that delivering energy in WA is a continuous process. The Mining and Petroleum portfolio contains the upstream elements of our oil and gas resources; Energy holds the downstream delivery into electricity and gas markets. Finally putting

WA Premier Mark McGowan has used today’s Committee for Economic Development of Australia WA State of the State event in Perth to reveal an expected return to budget surplus a year ahead of schedule. And the Premier says the surplus – now slated for the 2019-20 financial year – won’t just be a case of “squeaking over the line”. “It’s the first time Western Australia will be in surplus for six years,” Mr McGowan told a packed room at the Perth Exhibition and Convention Centre. “This will be a substantial surplus in the hundreds of millions of dollars. And there will be a

The numbers that matter: State Budget 2018-19 Today, Treasurer Ben Wyatt delivered his much anticipated second Budget which will guide the State’s economic fortunes over the next 12 months and take the Government to the mid-term point. The Budget sets out an improved outlook for the State, with a significant improvement in forecasts and some light at the end of the debt tunnel, with debt now peaking at $40.8 billion in 2020-21. A deficit remains forecast for the next two years with the first surplus in 2020-21 of $1.3 billion. The Budget highlights the continued positive signs in the economy which will be

From front bench to park bench, party rooms to the great outdoors, The Bench sees our politicians take a break from debating policy and the state of our nation to enjoy a park-side chat with senior journalist turned Cannings Purple operative, Peter Klinger. These interviews add a breath of fresh air to all things politics, providing a unique insight into the life and times of our elected representatives. With discussion topics ranging from electorate issues to sport and everything in between, The Bench undoubtedly presents a candid, lighthearted series bound to intrigue, inform and entertain. Podcast Early Life The Hon. Peter Tinley AM MLA discusses

Integrity is critical to building a relationship with government, Associate Director Jamie Henderson explains why fixing mistakes and being honest is part of achieving long-term success in politics. Don’t tell fibs and if you make a mistake, fix it fast. It’s an age-old set of rules ingrained in most of us from our youth. In recent days we have seen one of WA’s new MPs under scrutiny for a series of mistakes and alleged mistruths.  We all make mistakes but how you recover from them is a crucial part of achieving long term success in politics. But it’s not just politicians who

    The 2017-18 WA State Budget, our Associate Director Jamie Henderson tells you what you need to know. The landslide election victory in March and record State debt are the realities framing today’s State Budget. Treasurer Ben Wyatt delivered his budget to a packed Legislative Assembly this afternoon. The Budget starts the path to fiscal repair after the collapse in revenue from GST and mining royalties during the past few years. The Treasurer pointed to positive signs the WA economy is improving and forecast 3 per cent growth in Gross State Product in 2017/18, and a positive 1 per cent growth in Final State

On 1 July 2017, the first stage of the McGowan Government’s Machinery of Government (MOG) reforms go live, Associate Director Jamie Henderson summarises what we can expect from the changes. Announced in April, the reforms deliver a 40 per cent reduction in government departments, reducing the number from forty-one to twenty-five. The list of new departments can be found here. The reforms were announced to “help create a more efficient public sector to deliver better services for the community” and “to drive a change of culture across government and reduce the number of government departments.” The Premier, Mark McGowan has said, “we are not

At the beginning of May, a shake up of the WA public sector was announced, Director Astrid Serventy discusses the details provided by the McGowan Government on who will be leading the new departments. The new agency heads will be instructed to deliver a 20 per cent reduction in the 521-member Senior Executive Service, the State's most senior bureaucrats. The move is in line with the McGowan Government’s commitment to deliver a 40 per cent reduction in government departments. Western Australia’s 41 Government departments will be reduced to 25 by July this year.  See the list of amalgamated departments here. Cannings Purple will provide updates on public

As we creep closer to the State election, Associate Director Michael Cairnduff dissects the activities of the major parties in WA . All three major parties in WA have been active of late – the Liberals sorted out their internal squabble and let Premier Colin Barnett get back to doing what he does best, remaining steadfast in his direction for the State; the Nationals changed jockeys and launched a new revenue policy which has predictably created a war with the State’s two major iron ore producers; and the Labor leadership team has been busy trying to capitalise on their buoyancy in

Last month Western Australian Premier Colin Barnett marked the anniversary of his eighth year in the role by winning a vote of confidence from his Liberal parliamentary colleagues, Associate Director Michael Cairnduff discusses what happens now he's put down a spill motion. His challenger, former Minister Dean Nalder had earlier resigned from the front bench along with fellow Cabinet member Tony Simpson. Is this the end of the story? Following the defeat, Mr Nalder spoke briefly accepting the result and congratulating the Premier on his continuation in the role. Since then, Mr Nalder has kept a low profile. The big question for the Liberal

He may have only become a politician two years ago, but Director of Government Relations Astrid Serventy discusses why Matt Canavan now holds one of the most important portfolios in the Australian Government. On Tuesday 18 July, Prime Minister Malcom Turnbull announced that Senator the Hon Matthew Canavan, having joined the outer Ministry only two months prior, would leapfrog into Cabinet in the key role of Minister for Resources and Northern Australia. And that means key government stakeholder lists for many Western Australian resources companies need to be updated – with Senator Canavan close to, or very near the top. It’s a stellar rise.

With the down-turn in the resources sector and other parts of the economy, many businesses are looking to pick up work in the famously steady government sector. However, signing contracts with Government is often not as easy as it sounds. Cannings Purple Associate Director Astrid Serventy shares some top tips for doing business with government. 1. Know who is who in the zoo A lot of focus is put on which Minister holds a particular portfolio, and businesses spend significant resources building and maintaining relationships with Ministers and staff in their offices. Such relationships can be useful, especially if you are interested in