WATCH THE VIDEO: The Fyles Government has hired a commercial real estate company to identify a developer for a proposed new 250-room “upscale” hotel near the Darwin Convention Centre, as part of an overall redevelopment of the Darwin Waterfront.

Santos has pulled its sponsorship of the Darwin Festival following a campaign by environmentalists, artists and Indigenous leaders concerned about the company’s involvement in the festival, but questions remain over the festival’s financial state after nearly being cancelled in 2016 and running huge deficits.

Nathan River Resources has been fined $344,000 for breaching its waste licence by discharging mining wastewater into the Towns River near Borroloola early last year.

Darwin is one of a handful of cities across the country that will house an Australian Public Service “academy” that will enable students and locals to obtain employment and training for work in the federal public service while remaining in the NT.

The Northern Territory will see $2.5 billion in funding from the Federal Labor Government in the upcoming budget, that will include the already promised $1.5 billion for the Middle Arm industrial precinct that the Federal Government now says they want a cut of if proven successful.

The Northern Territory has seen double-digit growth in the median price per hectare for rural area properties, despite rising interest rates and the general slump currently affecting residential property markets nationwide.