revenue: But the review, due on Thursday, will also show problems with declining state tax revenue, persistent high unemployment and how WA's low share of GST revenue will remain low for longer, according to Australian Broadcasting Corporation. Treasurer Mike Nahan said the mid-year review would make clear the serious financial challenges still facing the state. ABC News Andrew O'Connor Related Story Deficit to increase by 10 billion, MYEFO shows Related Story Iron ore price surge 2 billion boost for WA budget Related Story WA state budget deficit to surge to almost 4bMap Perth 6000 The WA Government's mid-year budget review is expected to show a slight improvement in its forecast 3.9 billion deficit due to increased iron ore royalties. It's not a mini-budget. It would be a bit of improvement but it will show that we still have a significant problem with the GST. When iron ore royalties collections were very high, they took that off us. It's just an update of our estimates, Dr Nahan said.
(news.financializer.com). As
reported in the news.
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