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In May 2008 the Commonwealth Government announced a review of Australia’s taxation and transfer system, including State and Territory taxes, but excluding the GST rate and base. The Western Australian Government has now lodged a submission with the Review. 
The 2009-10 Budget was delivered on 14 May 2009, and was framed in very challenging circumstances, reflecting the impact of the global economic downturn on the State’s finances.


Treasury

Treasury plays a central role in managing Western Australia’s public sector finances and in providing expert analysis and advice on the strategies and frameworks necessary for maintaining the State’s economic and financial position.

In undertaking the more traditional Treasury functions, staff work with every State Government agency at the various stages of the annual budgetary cycle.

This includes a key financial monitoring and reporting role, to ensure that the State remains on track in respect of the Government’s budgetary objectives and policies.

Supporting the Treasurer in the development of the State’s annual budget is one of the prime deliverables of the Department of Treasury and Finance.

A major aim of this activity is to assist Government achieve value for money and public sector accountability.