New era for WA business

15 March, 2017

CCI has congratulated WA Labor leader Mark McGowan and his party after their historic election win on Saturday night.

The current vote count predicts the party will win 41 out of the Lower Houses’ 59 seats, making it one of the biggest ever electoral swings recorded in Australian political history.

The win put an end to former Premier Colin Barnett and his Liberal party’s eight and a half years in office, which saw the state transform under an unprecedented mining and resources boom.

Labor comfortably won all 10 of the key seats identified by the party as necessary to take office.

These included battleground electorates like Balcatta, Wanneroo and Forrestfield where CCI held candidate forums in the lead up to the election.

Balcatta’s sitting Liberal member Chris Hatton lost his seat to Labor’s David Michael after a two-party preferred swing of 12.7 per cent.

A huge swing of 18 per cent has seen Labor’s Sabine Winton topple former Local Government minister Paul Miles in Wanneroo.

The marginal Liberal seat of Forrestfield is now a safe Labor seat after former Australian Workers Union official Stephen Price ousted former teacher Nathan Morton with a swing of 11.7 per cent.

CCI Chief Executive Officer Deidre Willmott says WA business looks forward to working with the newly-elected government on key issues like infrastructure planning, local content and further empowering the state’s defence industry.

She says the Labor party’s commitment to no increases in existing taxes and new taxes are welcome promises.

“Business also welcomed Mark McGowan’s election commitment to ‘no new taxes on West Australians or increases in taxes on West Australians’ – four out of five jobs in WA are created by the private sector, so CCI is pleased that no new or increased taxes will be leveraged on the business community,” she says.

She also welcomed many other of the party’s election commitments including the introduction of an independent infrastructure body, appointment of a defence advocate to promote WA’s world-class defence industry and legislating the WA Industry Participation Plan Act.

Willmott thanked the outgoing Premier for his service to the business community and people of WA.

“Through his support and under his guidance, this state saw once-in-a-generation investments into our mining and resources industries which underwrote a sustained period of wealth and prosperity that benefitted hundreds of thousands of families across this state,” she says.

“His vision for the City of Perth has also seen historic investment into infrastructure which has permanently changed the face of the city and helped Perth secure its future as a vibrant and modern cultural destination.”