Fiscal

($billion) 2016-17 2017-18 Four years
Budget result 4.5 2.7 2.0 (average)
Record capex (infrastructure) 18.8 22.3 72.7
Revenue 78.0 79.9 326.4
Expenses 73.5 77.2 318.5

Balance sheet

($billion) June
2016-17
June
2017-18
June
2018-19
June
2019-20
June
2020-21
Net debt -7.8 -0.5 9.9 15.8 18.6
Net worth 224.9 237.9 251.0 262.7 273.2

Economic

  • Gross State Product Growth 2015-16 - Strongest of the states at 3.5%
  • Employment - Created 369,600 jobs since 2011
  • Unemployment rate - Lowest in country for two years
  • Housing supply - 60,000 completions in 2016
  • Business investment - 4.9% annual average growth (March 2017), fastest state
  • Public investment - Boosting Gross State Product by 1/2 per cent per year

Social

  • Essential services - $50.3 billion in 2017-18
  • Record investment - Schools and hospitals
  • Record frontline staff - More nurses, teachers and police
  • Record regional investment - $1.3 billion in funds
  • Cost of living help - Housing Affordability Package
  • Caring for the vulnerable - $100 million for palliative care