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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Rural Industries and Fisheries Rural industries played a significant role in pioneering the development o f the Northern Territory. Both the rural and fishing industries continue to be major contributors to diversified reg io n a l eco n o m ic g ro w th , p ro v id in g employment and export income, particularly for those living in remote areas (see Rural and Fishing Industries map). The rural industries and fisheries sector employs 3% of Territory wage and salary earners and accounts for 3.7% of Territory GSP (see Table 10.1). Primary industries in the Territory include pastoral (cattle and buffalo), horticulture (fruit, vegetables, nursery and cut flowers), mixed farming (field crops and intensive grazing), aquaculture, commercial and recreational fishing. Table 10.1 Rural Industries and Fisheries % o f GDP Tasmania 5.5 South Australia 4.5 Queensland 4.3 W estern Australia 4.0 Northern Territory 3.7 Victoria 3.1 New South Wales 2.4 Australian Capital Territory 0.1 Australia 3.2 Source: ABS Cat. No. 5220.0, 1991/92 Figure 10.1 200 150 100 50 Northern Territory Rural Industries and Fisheries Production $ million 300 250 1986 1987 1988 1989 1990 1991 1992* 1993* 1994* Source: Dept, of Primary Industry and Fisheries * From 1992, Fishing includes an estimate for pearl production. Prawns have been valued on the basis of catch and not landings as in previous years. 55

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