Business 5 | NT Independent
Government extends HomeGrown build grants program until September 2027

Government extends HomeGrown build grants program until September 2027

The NT CLP Government has announced the extension of the HomeGrown build grants program, which will now run through September 2027, which it said will offer long-term stability for families, builders, and investors, with 400 grants having been approved for first-time home buyers to put towards building or buying their first home amid a “difficult time” to enter the NT housing market.

‘Wake-up call’: National integrity body calls out CLP Govt for ‘weak’ accountability on public spending

‘Wake-up call’: National integrity body calls out CLP Govt for ‘weak’ accountability on public spending

The Finocchiaro CLP Government’s continued refusal to improve oversight of its spending by strengthening the Auditor-General’s independence, powers and resourcing has led to a “significant gap in public accountability”, the Centre for Public Integrity says, and could lead to further systemic misuse of public funds going undetected.

China’s ambassador warns of ‘taking measures’ on trade if Darwin Port reclaimed

China’s ambassador warns of ‘taking measures’ on trade if Darwin Port reclaimed

China’s ambassador to Australia has warned that China “has an obligation to protect” Chinese companies’ interests overseas, indicating trade between the two nations “and that part of Australia” particularly will be affected if the Darwin Port is reclaimed by Australia, a day after the Prime Minister said commercial negotiations were continuing to overturn the 2015 lease by the NT Government that he said was not in Australia’s national interest.

NT Business News – January 19

NT Business News – January 19

Latest highlights include the Territory recording the lowest rate of yearly wage growth, the NT’s worker shortage continuing to exacerbate ongoing labour shortages, the cattle export industry seeing a decade-high performance, Inpex admitting to on-selling natural gas, and the Top End named among the world’s must-visit destinations for this year.

Darwin Waterfront Corporation lost $3.3m last financial year: Report

Darwin Waterfront Corporation lost $3.3m last financial year: Report

The taxpayer-funded Darwin Waterfront Corporation, which was thrust into the public spotlight earlier this year for unresolved governance failures, mismanaged conflicts of interest, and nepotistic hiring practices, ran a record $3.3 million deficit last financial year, while the DWC board’s chair appears to have ignored key recommendations to improve the corporation’s governance, according to its annual report.

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