NT Budget 2022: Federal funding a lifeline for NT’s finances, budget papers reveal

NT Budget 2022: Federal funding a lifeline for NT’s finances, budget papers reveal

UPDATED: Treasurer and Chief Minister Michael Gunner says the Territory’s finances are in a better position than previously forecast, thanks to an unanticipated increase in federal GST payments figures show, with minor cost-savings made by the government, which he claimed will result in a surplus budget by 2026 – the same year net debt is scheduled to reach more than $9.4 billion.


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