Territory Stories

Budget Paper No5 Northern Territory Economy 1998/99

Details:

Title

Budget Paper No5 Northern Territory Economy 1998/99

Other title

Tabled Paper 382

Collection

Tabled papers for 8th Assembly 1997 - 2001; Tabled papers; ParliamentNT

Date

1998-04-28

Description

Tabled by Michael Reed

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Series/C1968A00063

Parent handle

https://hdl.handle.net/10070/295415

Citation address

https://hdl.handle.net/10070/395002

Page content

together with the perceived opportunities offered by the Territory relative to other jurisdictions. Over recent years, the net overseas migration gain for the Territory has fluctuated between 79 in 1992 and 718 in 1997. However, the Territory, with one percent of Australias population, has managed to attract only 0.5% of Australias net overseas migrant intake. Interstate migration is by far the most volatile component of the Territorys population growth. This is because of its dependence on a wide variety of economic and social factors. Volatility may be less apparent than real due to the acknowledged difficulties ABS has in estimating the interstate migration of a healthy young population to and from the Territory. During the late 1980s and early 1990s, the ABS estimates that the Territory consistently recorded net interstate migration losses. This coincided with a period of low economic growth. Over the past three years, the Territory has achieved net interstate migration gains largely as a result of the defence force build-up in the Top End. In 1997, the Territory is estimated to have gained a net 670 interstate migrants. This is down on the gains of 1 090 and 1 415 achieved in 1996 and 1995. These small net gains mask very large gross flows - some 20 000 enter and 20 000 leave the Territory each year. Cultural Diversity In the 1996 Census, 28.5% of the Territorys population identified themselves as Aboriginal or Torres Strait Islander. This is up from the 27% in 1991, reflecting the higher rate of natural increase of the indigeneous population rather than an increase in identification. The Territory proportion is far higher than in any other State or Territory. Nationally, Aboriginal and Torres Strait Islanders account for only 2% of the population. 3 Population -3 000 -2 000 -1 000 0 1 000 2 000 3 000 4 000 5 000 6 000 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 Natural Increase Overseas Migration Net Interstate Migration Total Growth Persons Figure 1.3 POPULATION GROWTH Source: ABS Cat. No. 3101.0