Key points:An economics professor has compared it to a crash diet — lacking in long-term solutionsNow the short-lived economic boom — brought by the construction phase of the INPEX gas plant — is over, and in its wake is a deflated property market, a stagnant population and a Government that has little to show for it all.The annual interest repayments alone by then would be almost $2 billion.
The plan is a response to a forensic audit of the Government's spending by former WA under-treasurer John Langoulant. Treasurer Nicole Manison is now openly threatening department chief executives could lose their jobs if they don't stick to their budgets, as well as implementing the millions of dollars in savings measures identified in the audit.So how did we get here, and will the Government's response be sufficient to drag the budget back to black?
Source: Loan Digest (loandigest.net)
I was just there for a few days holiday. First time I’ve ever been. Was only myself in the casino pool one day. Cullen Bay and Stokes Hill wharf area was devoid of people. Hopefully the tourists come soon If was very quiet
So is their territory Labor Govt sending them broke? Not a good look......
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