Proposed developments and rezoning applications will now be required to include the site plan and a rendered image of the project proposal at the proposed site, the NT Government has announced.
News Brief: NT only jurisdiction in Australia where retail spending grew in December
Northern Territory retail spending was up 3.6 per cent seasonally adjusted in December from the previous month, an Australian Bureau of Statistics retail trade report shows.
Preferred developer named for NT’s largest agriculture development
A Brisbane-based agriculture company has been selected as the preferred developer of the Northern Territory’s single largest land release for agricultural development; a 67,500 hectare project near the WA border.
News Brief: NT fracker shares fall with flow test results
Tamboran Resources shares fell 17 per cent on Tuesday after the company announced flow test results of two horizontal wells it shares with Santos in the Beetaloo Sub-Basin.
GPT Group sells Casuarina Square for $400m
Sentinel Property Group, a Brisbane based company, has purchased Casuarina Square shopping centre off the GPT Group for $397 million.
My Darwin vouchers return as hospitality industry suffers worst trade since pandemic started
Territorians will be able to access up to $1 million in vouchers to spend at local stores, in Darwin and Alice Springs, the Darwin City Council and NT Government announced today, with a government co-funding option being offered to other councils across the Territory.
News Brief: Gina Rinehart offloads another Territory property
Crown Point Pastoral Company has bought three stations totalling more than 3.26 million hectares from Gina Rinehart’s expansive northern portfolio, including Phoenix Farm near Katherine.
News Brief: NT beach named 10th best in Australia, Misery Beach in WA takes top spot
Misery Beach, near Albany on the southern tip of WA, was named the country’s best beach by Tourism Australia on Sunday, beating out the Territory’s own Dundee Beach, which ranked tenth.
Territory Resource Wrap
The NT Independent is providing you with an update of resource news from across the Northern Territory.
News Brief: Darwin CPI up six per cent for the year, report shows
Darwin’s Consumer Price Index increased a modest 0.8 per cent in the last quarter to December, but had the biggest increase of all the capital cities overall in 2021, recording a six per cent rise, figures released by NT Treasury show.
News Brief: NT ranked last again in latest economic report
The Northern Territory has ranked last in the country for economic growth for the 13th straight quarter, according to CommSec’s State of the States report.
News Brief: Deloitte forecasts NT economy to grow 1.9 per cent by end of financial year
The Deloitte December 2021 Business Outlook, released earlier this week, estimates the Northern Territory’s economy to grow by 1.9 per cent this year and by five per cent next financial year.