Original article by Gareth Parker
The West Australian – Page: 33 : 17-Dec-14
The Western Australian Government has warned that the Budget deficit for 2014-15 will be "significant". The Budget bottom line has been hit by factors such as a sharp fall in revenue from iron ore and petroleum royaties, due to the downturn in the price of both commodities. The Government’s revenue from royalties has risen by 127 per cent since Premier Colin Barnett took office. In contrast, revenue from all other sources has increased by just 31 per cent
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WESTERN AUSTRALIA. DEPT OF THE PREMIER AND CABINET