Territory Stories

Budget Paper No.6 1997/98 Northern Territory Economy

Details:

Title

Budget Paper No.6 1997/98 Northern Territory Economy

Other title

Tabled Paper 3223

Collection

Tabled Papers for 7th Assembly 1994 - 1997; Tabled papers; ParliamentNT

Date

1997-04-30

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/10070/289257

Citation address

https://hdl.handle.net/10070/404114

Page content

Population Outlook The Territorys population growth in the short to medium terms will continue to be underpinned by natural increase due to the Territorys relatively young population profile and high proportion of Aboriginals. The ageing of the Territory population is expected to continue. The trend of net interstate migration loss in the Territory has been reversed as the Territory recorded a second year of interstate migration gain in 1996. Ongoing strong economic growth should see continued gain in coming years. The latest series of population projections published by the ABS show that by the year 2006 the population of the Territory will be between 198 200 and 206 300. This indicates an average annual population growth rate of between 1.1% and 1.5% over the next ten years, compared with the national average annual growth rate of between 1.0% to 1.2% over the same period. These projections are considered to be conservative and growth of about 1.7% per annum is more likely. The continued strong performance of the Territory economy will see the Territory continue to grow at a more rapid rate than the national average. Age Distribution of Population 0 2 4 6 8 0-4 5-9 10-14 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70-74 75-79 80-84 85+ 1996 1986 Northern Territory Australia Source: ABS Cat. No. 3201.0 Per cent of Population Figure 1.5 8 610 4 2 0 Population 6


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