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CLP open up $15 billion debt ceiling amid fiscal pressures
The CLP Government will plunge the Territory into further debt rather than find necessary cost savings of $450 million a year, with Treasurer Bill Yan proclaiming the move “responsible action to repair the budget”.
Two charged over Coconut Grove shooting
Two men have been charged over Monday’s shooting in Coconut Grove, another person who was arrested has been released, while the gun that was used has not been found, NT Police said.
NT Business News – February 5
Latest highlights include the Federal Government splashing $24 million for infrastructure projects across the Territory, the NT Government falling behind on meeting its housing build goals, and the Darwin rental market tightening as demand increases. Also making resource news is Tanami Gold reporting promising drilling findings at the Jims gold mine.
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