NT economy to fall short on $40b economy, new report shows | NT Independent

NT economy to fall short on $40b economy, new report shows

by | Mar 28, 2024 | Business, News, Subscriber | 0 comments

Issues such as the high cost of doing business, declining population, and rampant crime will cause the NT economy to fall an estimated $6 billion short of its targeted $40 billion economy by 2030, a new report has found.

The latest report from consultants AEC Group predicted that the shortfall will occur unless a serious boost to the current economic environment is applied.

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