Promotion to Manager

We’re delighted to announce that Kelsi Keep has been promoted to the role of Manager here at GeersSullivan. Kelsi has been with us since 2016, originally joining us as an Accountant and progressing through the ranks to Senior Accountant and now to Manager. Congratulations Kelsi!

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WA State Budget 2022 – 2023

The McGowan Government has announced another strong surplus that will be used to provide all Western Australian households a $400 Household Electricity Credit and fund initiatives to diversify our economy, create local jobs and build WA’s future. 

The 2022-23 Budget delivered today highlights Western Australia’s strong economy and finances continue to lead the nation. The Mid-year Review projected the 2021-22 operating surplus to be $2.4 billion. The surplus has now been revised up to $5.7 billion, reflecting the impact of strong economic activity and higher commodity prices. A $1.6 billion surplus is forecast in 2022-23, with surpluses expected across the forward estimates.

The State’s net debt is expected to decline for a third consecutive year to $29.9 billion in 2021-22 – the first time since 2015 that net debt has been below $30 billion.

The McGowan Government’s strong budget position will fund key initiatives, including:

• a further record investment of $2.5 billion in the State’s health and mental health systems;
  • easing pressure on emergency departments, expanding the health workforce and improving health infrastructure. 
• cost of living support for all Western Australian households;
  • with a $400 Household Electricity Credit from July 2022, costing $445 million. 
• an additional $1.6 billion in COVID-19 response measures;
  • taking the State’s total investment to $11.2 billion for funding frontline services and supporting WA businesses and households (such as free Rapid Antigen Tests). 
• an extra $652 million for climate action and environment initiatives to fund WA’s low-carbon future;
  • including $500 million extra for the Climate Action Fund (taking the total to $1.25 billion) and almost $60 million to accelerate the use of zero emission vehicles. 
• a $1.3 billion investment to diversify our economy;
  • with support for international tourism, events and international education as international borders reopen;
  • investments to continue to grow existing and new industries, such as boosting the Investment Attraction Fund and Industrial Land Development Fund; and
  • job-creating, economic infrastructure projects, including ports and roads. 
• $1.2 billion for early repayments of existing debt inherited from the previous Liberal National Government, and reducing the State’s exposure to future interest rate increases;
  • saving an estimated $132 million in interest payments over the next four years. 

The 2022-23 Budget includes a further record $33.9 billion investment in infrastructure, including in hospitals, schools, rail, roads, ports and projects in other key areas.

This includes a record $12 billion in the regions to set up WA’s long-term future and ensure no matter where you live, all Western Australians have the opportunity to thrive.

For more information, visit https://www.ourstatebudget.wa.gov.au

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