Territory Stories

Budget Paper 1994-95 No.6 Northern Territory Economy

Details:

Title

Budget Paper 1994-95 No.6 Northern Territory Economy

Other title

Tabled Paper 2156

Collection

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

Date

1994-05-12

Description

Tabled by Barry Coulter

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/Details/C2021C00044

Parent handle

https://hdl.handle.net/10070/292876

Citation address

https://hdl.handle.net/10070/398240

Page content

Public Sector Traditionally the public sector has had a significant influence on the level o f econom ic activity in the Territory. This reflects the stage o f developm ent o f the Territory and the relatively high cost o f providing services at a State-like standard to all Territorians. However, the T errito rys econom ic base has broadened over the past decade thereby reducing reliance on the public sector. In 1983, public sector em ploym ent accounted for 45% o f to tal Territory wage and salary earners. By 1993, this figure had declined to 36%. C om m onw ealth em ploym ent, excluding defence force personnel, has progressively declined in the Territory over the last six years to ju s t under 4 000 persons. In addition, there are approxim ately 2 900 perm anent defence force personnel serving in the N orthern Territory. By the end o f the decade, it is anticipated that an additional 1 500 service personnel w ill be re-located to the Territory. Local governm ent em ploym ent has been stable at approxim ately 1 200 persons over recent years follow ing steady grow th through the m id 1980s. F igure 15.2 illustrates the level o f real governm ent expenditure in the N orthern Territory. The level o f expenditure for 1993/94 is less than in 1986/87 and has rem ained re la tively stab le s in ce the su b s tan tia l d ec lin e in 1987/88 p re c ip ita te d by a sharp d ec rea se in C om m onw ealth funding to the Territory. Figure 15.2 Northern Territory Government Real Expenditure (1992/93 dollars) I Recurrent B Capital 86/87 87/88 88/89 89/90 90/91 91/92 92/93 93/94* Source: NT Treasury 82