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One month has passed since the Federal Election, but while the dust is still settling, the political world hasn’t waited for Anthony Albanese to get comfortable in his new seat at the head of the table. Easing into the position and taking the time to find a groove were not options for the new Prime Minister, as Australia faced a seemingly endless onslaught of critical events and crises. June was the month that had ‘energy’ on everyone’s lips, as each state energy minister met as a gas crisis engulfed the east coast, sparking a resurgence of coal and nuclear power conversations. At the

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

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

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

The country has a new prime minister, a freshly shaken-up ministry (including one newcomer from WA) and a set of Newspoll figures that strongly suggest Government would change hands if an election was held right now. Cannings Purple’s Director of Government Relations Astrid Serventy takes a look at a bewildering few days, with a particular eye on what Scott Morrison’s appointment as our 30th Prime Minister means for Western Australia.   The good news for WA… Is that West Australian representation in the ministry remains strong and one of Mr Morrison’s first public acts as PM was to reinforce his commitment to a multi-billion

 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. Our full interview with Jess Shaw MLA, Member