NT Budget 2023: More federal funds, but surplus still years away as figures cast doubt on $40b economy | NT Independent

NT Budget 2023: More federal funds, but surplus still years away as figures cast doubt on $40b economy

by | May 9, 2023 | Business, News, Subscriber | 1 comment

Despite bringing in more GST money than ever before, Treasurer Eva Lawler says a surplus for the Northern Territory is still not expected until 2026, while the Fyles Government continues to borrow with the net debt forecast to continue to increase for the next three years.

Ms Lawler delivered the 2023 Budget on Tuesday morning in Parliament and broke a new NT political tradition by not resigning after delivering it, as former treasurer and chief minister Michael Gunner did last year.

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1 Comment

  1. $19 million to build a ‘multi-purpose police complex’ in a town of 200 people (Peppimenarti).

    Interesting.

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