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

estimate for 1997-98 is a return to positive growth with expected expenditure growth of 2.6%. This rate of growth is slightly less than the average real annual rate of growth of 4.7% over the past seven years. Expenditure by visitors reflects the fall in visitor numbers. Expenditure by interstate visitors decreased by 7.3% over 1997 while expenditure by Territorians fell by 15.3%. These falls was partially offset by a 9.4% increase in overseas visitor expenditure. During 1997 the Top End was the only region to avoid a fall in tourist expenditure, with expenditure up only 0.1%. Both the Centre and Katherine experienced moderate decreases, down 4.8% and 7.1% respectively. Expenditure in the Tennant Creek region fell by 21.9%. The Top End accounts for 50.2% of total expenditure, followed by the Centre (39.6%), Katherine (7.7%) and Tennant Creek (2.5%). Average per capita expenditure for overseas visitors was $600 with New Zealanders spending the most at $1 007, followed by Germans spending $662. VISITOR NIGHTS Visitor nights decreased 0.9% in 1997 to 6.5 million. Increases occurred in visitor nights for both intra-Territory and international 49 Tourism 0 2 4 6 8 89-90 90-91 91-92 92-93 93-94 94-95 95-96 96-97 97-98e Commercial Accommodation Sector Household Sector million nights Figure 9.2 VISITOR NIGHTS Source: Northern Territory Travel Monitor e: NTTC estimate 0 100 200 300 400 500 600 700 800 89-90 90-91 91-92 92-93 93-94 94-95 95-96 96-97 97-98e Northern Territory Interstate Overseas $ million Figure 9.1 TOURISM EXPENDITURE Source: NTTM Summary Report 1996-97 e: NTTC estimate


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