WA Stimulus

Premier Mark McGowan, Energy Minister Bill Johnston and Treasurer Ben Wyatt unveil the WA Recovery Plan.

An additional $2.7 billion will be pumped in to the WA economy in a bid to put the State back to work following the loss of more than 100,000 jobs during the coronavirus pandemic.

Unveiling the $5.5 billion WA Recovery Plan today, Premier Mark McGowan said it was a blueprint that “provides a pipeline of jobs and work and social initiatives for Western Australia into the future”.

The document includes around $2.8 billion in previously announced coronavirus response and stimulus spending, such as the freeze on increases to household fees and charges, rent relief and new home construction grants.

WA Government doubles down on multi-billion-dollar stimulus to boost economy.

West Australian Government has unveiled $2.7 billion in new stimulus spending designed to boost the state’s economy, with a focus on renewable energy and building maintenance among other areas.

A total of 21 sectors have been pegged for stimulus, including health, infrastructure, tourism and manufacturing.

The program brings the total value of the State Government’s stimulus to $5.5 billion since the coronavirus pandemic began.

Premier Mark McGowan said the stimulus program represented a “massive package” of work.

“[This is about] inspiring and incentivising the private sector to create jobs,” Mr McGowan told reporters.

A $60 million “shovel-ready” building maintenance program will be targeted at State Government facilities, including police and fire stations, as well as improved disability access at train stations.

The Premier said the pipeline of works would roll out over the “coming months and years”.

“We’re rushing as fast as we can [to get projects] out the door,” he said.

Published by Naresh Sagar

Mentor MSME, Motivator, Media Event Org, Management fiscal & Water management.Social Media branding,Internet broadcasters,Propunder of Indian Philosophy

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