Territory Stories

Budget Paper 1994-95 No.6 Northern Territory Economy



Budget Paper 1994-95 No.6 Northern Territory Economy

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Tabled Paper 2156


Tabled Papers for 6th Assembly 1990 - 1994; Tabled Papers; ParliamentNT




Tabled by Barry Coulter


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.




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Economic Growth in the T im or Sea; investm ent in the T errito rys Trade D evelopm ent Zone; ongoing investm ent by the C om m onw ealth in defence facilities, and com m encem ent o f the new D arw in port. Table 2.1 Northern Territory Economic Growth Annual % Change Components o f Gross State Product 1992/9300 1 9 9 3 /9 4 0 -) 1994/95(c) Expenditure Basis Total Final Consumption Expenditure 6.7 4.5 5.5 Total Gross Fixed Capital Expenditure -0.3 17.5 2 1 . 0 Final Demand 5.4 7.0 7.5 Balancing Item(d) n.a n.a n.a Gross State Product 0 . 0 1 . 0 2 . 0 Income Basis Wages, Salaries and Supplements -0 . 6 1 . 0 3.0 Gross Operating Surplus -0.9 1 . 0 1 . 0 Indirect Taxes less Subsidies 15.7 0 . 0 0 . 0 Gross State Product 0 . 0 1 . 0 2 . 0 (a) A ctua l, A B S C at. N o . 5242.0 . (b) N o rth ern T errito ry T reasury initial estim ates. (c ) N o rth ern Territory T reasury initial forecasts. (d) R ep resen ts ne t in ternational a n d in te rsta te trade , increase in s tocks an d sta tistical d iscrepancy. D eriv ed as a res id u a l o f G S P incom e b asis less F inal D em and. 1 3

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