Map: Perth 6000
The West Australian Government is seeking permission to borrow another $11 billion to help pay its bills.
Treasurer Ben Wyatt is set to introduce a loan bill into Parliament on Tuesday seeking approval for the borrowings.
A spokesman for the Treasurer said it was an urgent matter, with Treasury forecasting the State Government will run out of money by July.
If approved, it would bring government borrowings to $35 billion in the past eight years.
Western Australia's debt is forecast to hit $42 billion by 2020.
The Treasurer's spokesman said the loan bill was similar to a member of the public seeking an increased limit on a credit card.
He said the Government might not need to spend all of the money, but wanted to have extra funds to avoid having to introduce further loan bills into Parliament in the future.
He said the latest loan would be the high watermark for state debt, which is forecast to start falling from 2020.
Dave R.
Photo: Treasurer Ben Wyatt will introduce a loan bill as a matter of urgency.
