The winners and losers in the 2024 Northern Territory budget
Northern Territory Chief Minister and Treasurer Eva Lawler has today handed down her pre-election budget, three months out from August’s poll.
Figures show a net operating deficit of $410 million for the next financial year, if including the day-to-day spending to run the government.
When capital funding works are added into calculations, the NT’s deficit reaches $1.59 billion for 2024-25.
All up, the NT’s net debt will rise to a record $11 billion in the next financial year and increase to $12.3 billion by 2027-28.
With plenty of money being spent, there are some clear winners. But as always, there’s some losers too.
These are some of the biggest announcements that may affect you.
WINNER
EDUCATION
LOSER
HEALTH
WINNER
CORRECTIONS
NEUTRAL
COST OF LIVING
LOSER
DOMESTIC VIOLENCE
LOSER
ENVIRONMENT
WINNER
HOUSING
NEUTRAL
ROADS
WINNER
POLICE
LOSER
TOURISM
LOSER
ARTS & RECREATION
Speaking at a press conference, Ms Lawler said the document was a “commonsense, responsible” budget.
“Budget 2024 addresses the issues that we see demand for in the Northern Territory,” Ms Lawler said.
“I’ve heard from Territorians they want to focus on addressing crime and anti-social behaviour and budget 2024 delivers that, with $570 million additional spending over five years for police in the Northern Territory.
“But also, we’ve heard very much from Territorians that they want to see education get a boost, they want full funding for our schools, so budget 2024 provides record spending for education as well.”
What cost-of-living assistance
SOURCE: ABCNEWS
