The State Government has announced the Level 1 COVID-19 Business Assistance Package.
World Rugby has announced Australia's successful bid, with the win representing an exciting achievement for rugby in Australia.
The Rugby World Cup is hosted every four years and is widely recognised as one of the world's biggest events after the Olympic Games and the FIFA World Cup.
The men's Rugby World Cup brings together 20 international teams from around the globe to play 48 matches over seven weeks.
The State Government threw its support behind the bid for the men's tournament last year and is also working with Rugby Australia to be a host city for the women's world tournament.
World Rugby executives and the Australian 2027 bid team were in Perth last month for a final presentation by the State Government and Tourism WA at Optus Stadium.
Host cities and venues will now be finalised following the host country's decision.
The two international tournaments are expected to attract a significant number of visitors and provide extensive international media exposure.
When Perth last hosted the men's tournament in 2003 at the old Subiaco Oval, $41 million in visitor spend was generated in Western Australia.
More than 3400 interstate and almost 15,000 international visitors came to WA to watch participating nations England, Georgia, Samoa, South Africa and Uruguay in action.
The 2027 and 2029 Rugby World Cups will be significantly bigger, both in terms of revenue, jobs, trade and investment
The Australian bid team projects that the events will generate $2.8 billion in direct and indirect expenditure to the economy and create 14,000 jobs.
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