2021-22 WA Budget – Fact Sheets – WA’s strong economy and WA jobs (ourstatebudget.wa.gov.au)
Here are some updated figures for you.
Quote:
WA's exports grew to 223 bllion in 2020-2021, accounting for more than half the National exports
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2021-22 WA Budget – Fact Sheets – WA’s strong economy and WA jobs (ourstatebudget.wa.gov.au)
Here are some updated figures for you.
Quote:
WA's exports grew to 223 bllion in 2020-2021, accounting for more than half the National exports
NZ numbers in case anyone is interested. Calm before the Omicron storm it appears. See the case numbers in MIQ grow in the chart in the link. Omicron is hammering at the door... Currently low delta case numbers in keeping with the low testing numbers over the holiday season I think.
Covid-19 data visualisations: NZ in numbers | RNZ News
We've had a couple of close calls with Omicron at the border. An overseas DJ bought in for the summer festival season thought he as above the regulations and left MIQ self-iso before the results of his last test was in and tested positive for Omicron after two days in the community. So far nothing has shown up in his circle of contacts. He tested positive after three negative tests over nine days. Long incubation? Cross infection in MIQ?
Another case where an Air NZ host tested positive after flying from Aust with a plane load of returnees and a few on the flight subsequently tested positive for omicron and the Air NZ host tested positive also after a couple of days out in the community.
Hoping the luck holds up a while longer.
B.1.640.2
New variant with 46 mutations
And nsw hospitals in chaos according to doctors working in them
the news headlines this morning
Welcome to 2022
But yesterday was nice
https://uploads.tapatalk-cdn.com/202...cfd28ec88a.jpg
But But But the pollies say that everything is just fine in the health system and it is coping easilly.[thumbsupbig]Quote:
And nsw hospitals in chaos according to doctors working in them
With COV19 positive health workers back on the job with their overworked and nearly exhausted colleagues, What could possibly go wrong with this scenario.[bigwhistle]
nothing, just bring in trained personnel from overseas, they love the opportunity to come here and they don't need training......was someone clapping their hands....oh , more than one...
Also a bit out of date - calculated on a Iron Price of $220 a tonne - currently at $120 a tonne - hmmm where has that $5b surplus gone. Value of exports almost halved in 6 months. Not good for the country, not good for WA and highlights the volatility of the WA economy with foundations based on just one industry. WA makes lots of money but as has been highlighted does not seem to flow back into the community with issues such as poor health infrastructure and surge capacity.
Iron Ore PRICE Today | Iron Ore Spot Price Chart | Live Price of Iron Ore per Ounce | Markets Insider
Cant get any more recent than the 21/22 WA Budget Dude , iron prices have been going up and own since 2000 when iron ore pricing went to spot marketing instead of contracted pricing , doesn't seem to effect the $ to Au much over time ! what gets lost today gets picked up on the roundabout tomorrow . Wasn't too good when the Gove took all the WA royalties by way of slashing the GST to rock bottom and gave it away to everyone else , but that is another story that has now been rectified and rightly so .
By the way i do not use Wikipedia to sprout figures, i will leave that to the experts on here " looks looks you use it [thumbsupbig] " , WA has been in the 30/50% of GDP for donkeys' yrs so just used a sort of average and not filling up pages of rhetoric .
I might add , that if the iron ore industry goes bust for what ever reason every one in Australia will feel the pain .
Yes - royalty going to the WA government is only one of the ways that money flows into the economy, but the main way that is specific to WA. The overall economic activity and company profits and employment pays personal income and company tax, which provides major support to the Commonwealth, and company profits provide money to shareholders, probably mainly in Sydney and Melbourne, and by propping up the $A keeps prices down for everyone.