Premier Mark McGowan said today he was taking the treasury portfolio to head off a challenge to WA's GST deal but strongly hinted the role would be temporary.
The Nationals will hold just four seats in the lower house after former party leader Terry Redman lost the South West seat he's held since 2013 this morning.
There are still three seats in doubt in the Legislative Assembly as the vote count continues this afternoon, with Nationals MP Terry Redman and Liberal Sean L'Estrange at risk of losing their seats.
The second McGowan government is set for big changes, with two of the premier's three closest advisers resigning and minister Peter Tinley believed to have been demoted.
Schools in marginal electorates, such as Darling Range, Mount Lawley and Scarborough, will receive $110 million in upgrades if Labor is re-elected in March.
WA Labor amassed a significant fundraising advantage this past financial year as unions, law firms and sitting members opened their wallets to fill the party's coffers.
At least six Labor Party MPs are in contention for promotion to fill Cabinet vacancies if the McGowan Government is returned at the State election in March.