Debt to soar but its not real: Porter

The state government's annual budget has projected a blow-out in state debt to more than $22 billion over the next four years but is based on revenue estimates that treasurer Christian Porter admits are not realistic.

The budget shows the state government will keep its "net operating balance" in surplus over the next four years, starting with $784 million in 2010-11 and $442 million in 2011-12.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 30/09/16

1 year TSR5 year TSR
105thFortescue Metals Group182%5%
453rdIluka Resources4%-10%
462ndWoodside Petroleum3%3%
729thAtlas Iron-64%-67%
774 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$0 Other
$0 Other
$0 Issued
Total value as at the date of the transaction
Source: Morningstar


1st-Fortescue Metals Group$9,806.1m
3rd-Woodside Petroleum$6,935.4m
4th↑Iluka Resources$884.1m
5th↑Atlas Iron$803.7m
519 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Fortescue Metals Group

3rdNev Power$5.992m
13thStephen Pearce$2.551m
27thNick Cernotta$1.566m
Ranked by total remuneration from all listed WA companies

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