Treasurer Rita Saffioti has unveiled a much bigger than expected Budget surplus, as other States eye off the GST deal that has added to the Cook Government’s good fortunes.

An end-of-financial year update to the State’s finances confirmed a final operating surplus of $3.7 billion in 2024-25 — above the $2.5 billion that was forecast only three months ago.

However, Ms Saffioti warned against taking the Budget success for granted.

“Our strong financial management is in stark contrast to the record of the WA Liberals and Nationals who lost the triple-A credit rating through record deficits, growth in debt and a disregard for the State’s finances,” she said.

“It subsequently took almost a decade of hard work to reinstate the triple-A credit rating for Western Australia under our Government

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