Always one for short term thinking:
The McGowan government’s plan to fix WA’s disastrous finances has been hit with a massive body blow after the Liberals blocked its controversial gold tax in the Upper House.
Labor was hoping to raise gold royalties from 2.5 per cent to 3.75 from January next year in attempt to raise close to $400 million, in a bid to rein in the state’s whopping debt which is expect to peak around $43.8 billion by 2020.
