Business 26 | NT Independent
‘Review’ into NT’s horse racing industry ordered amid mounting losses, decreased attendance

‘Review’ into NT’s horse racing industry ordered amid mounting losses, decreased attendance

The Finocchiaro Government has ordered a review into the Territory’s horse racing industry, while the Minister responsible has raised the prospect of increasing funding to the industry that is already receiving tens of millions of taxpayers’ dollars annually, while suffering decreased attendance at events and substantial financial losses.

NT Business News – January 21

NT Business News – January 21

Latest highlights include the NT’s first magnetite shipment leaving for Asia, the Federal Government committing an additional $200 million to boost the NT’s rare earths mine, and MetalsGrove announcing encouraging exploration findings. Also making resource news is energy company Echelon making further acquisitions in the Territory.

Public consultation on Territory Coordinator legislation ends Friday, as Opposition raise concerns

Public consultation on Territory Coordinator legislation ends Friday, as Opposition raise concerns

The Finocchiaro Government is pushing ahead with its proposed Territory Coordinator role following a travelling roadshow throughout the Territory, while the Opposition has called on the government to properly consult with the public before rushing through the legislation it says will give an unelected official special powers to circumvent regulations.

Remote communities to benefit from $34 million water security program after failed govt legal action

Remote communities to benefit from $34 million water security program after failed govt legal action

A $34 million water security program, dubbed ‘Better Bores for Communities’ has been launched across the NT to improve water security, quality and supply in 10 remote communities, following the NT Government’s failed legal bid to overturn a court ruling that found it was obligated to provide access to safe drinking water in remote communities.

NT Business News – January 13

NT Business News – January 13

Latest highlights include AirAsia to resume Northern Territory operations in March, Alice Springs recording over 2,100 registered businesses in 2024, the proposed Momentus Hotels and Resorts Waterfront hotel facing uncertainty, and the Federal Government committing to boosting the availability of affordable housing.

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