Cost blowout for Darwin ship lift project among the worst in Australian history: Economist | NT Independent

Cost blowout for Darwin ship lift project among the worst in Australian history: Economist

by | Oct 8, 2025 | Business, News, Subscriber | 1 comment

The Darwin ship lift project, initiated by the Giles CLP government in 2015, has seen the cost to complete the project increase to an estimated $820 million now, with the real possibility it could be over $1 billion by the time it’s completed, while a leading economist has raised financial management concerns.

An NT Public Accounts Committee (PAC) hearing in August found the estimated cost had risen to approximately $820 million – almost $100 million more than the proposed Darwin football stadium.

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1 Comment

  1. Insane,the under performing Politicians and senior public serpents spend tax payers money like drunken sailors.

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