The CLP has pledged to raise the tax-free threshold for payroll tax small businesses pay if elected in August, that will see Territory employers with payrolls below $2.5 million not pay any payroll tax at all, in an effort it says to “get the economy moving forward”.
A new $48 million contract to supply the long-delayed Darwin ship lift project with a lift operating system has been awarded that will get the project moving, the Chief Minister said, while rejecting a proposal for a mobile ship lift to bridge the gap for industry following massive delays to the major project.
Australia’s housing crisis is set to worsen, particularly in the NT, warns a new report that outlines rising international student numbers, natural population increases, and overseas migration in some states as leading factors.
Applications for bottle shop security guards to apply to carry OC spray while on duty are now open, the Lawler Government has announced, while unruly pub-goers could face an increased fine of $880 – almost five times the present penalty – if they refuse to leave a licensed venue, as part of a long-delayed effort to “reduce crime and anti-social behaviour” in bottle shops and pubs.
A $134 million design and construction contract to recommission the Manton Dam as been awarded by the Lawler Government more than a year after it was put to market, that it says will see a new water treatment plant and pumping station built, while maintaining the dam’s current use as a recreational facility.
Business news from across the Northern Territory: Latest highlights include the Territory’s residential building approvals dropping by 8.3 per cent, the NT Government approving Mosman’s helium and hydrogen project, and NTEX Pty Ltd awarded $699,000 for Greater Holtze...
A Singapore-based hotel and resort company has been chosen to develop and operate the proposed $100 million Darwin Convention Centre hotel, that has been billed as an “upscale” four-star facility with 236 rooms that will include at least one pool and a couple of restaurants.
The NT Government awarded 24 contracts in the last week to a total of $18.4 million with the largest being awarded to Deltareef Pty Ltd for Provision of Building and Plumbing Maintenance Services to NT Government Facilities for a Period of 36 Months in East Arnhem Region.
Airline Bonza has stopped all flights as it works out if it can survive as a business, the company has said, which follows the airline being promised an undisclosed amount of Territory taxpayer money in September to fly to Darwin and Alice Springs.
Urban Rampage says it will appeal the Australian Securities and Investments Commission’s decision to permanently ban its stores from selling goods on credit using Centrepay.
More people left the NT last financial year than arrived, data from the Australian Bureau of Statistics show, with 17,390 people departing, compared to 14,120 who moved to the jurisdiction, which led to a net loss of 3,270 persons to other states and territories, raising doubts the population target of 300,000 will be reached by 2030.
The latest highlights include the NT Government signing an MoU with South Korea for international mining prospects; and NT Major Events being granted an additional $4 million in funding this coming Dry season. Also making resource news is South32’s Gemco mine facing a period of closure due to Cyclone Megan. In addition, Empire Energy is closer to selling its first gas next year after a highly successful capital raise.
