Treasurer Rita Saffioti has seized on the latest credit rating report as proof WA’s “stable” economy is the best in the nation, but the Opposition says she doesn’t deserve credit for it.
WA has retained a AAA credit rating from international agency S&P, which called the State’s financial management “superior” to “most” domestic and global peers.
“Our strong financial management is in stark contrast to the record of the Liberals and Nationals that lost the AAA Credit Rating on the back of reckless spending,” Ms Saffioti said.
“The Cook Labor Government will always prioritise the responsible management of the State’s finances that enable us to make the investments to secure WA’s future.”
Shadow Treasurer Sandra Brewer said the AAA credit rating was “welcome news”, but warned the economic