Territory Stories

Budget 2011-12 Budget Paper No.3 The Budget



Budget 2011-12 Budget Paper No.3 The Budget

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Tabled paper 1279


Tabled papers for 11th Assembly 2008 - 2012; Tabled papers; ParliamentNT




Tabled By Delia Lawrie


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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56 Northern Territory Treasury continued collaborative arrangements with the Australian Bureau of Statistics and Territory agencies to support the successful conduct of the 2011 Census, given the importance of the Census to the Territorys finances and for service delivery planning purposes. Budget Highlights for 201112 Economic Sustainability Active involvement in the Review of GST Distribution to protect and enhance the Territorys revenue share. Ongoing review of the Territorys tax policies to promote efficiency and equity and having regard to issues that may arise from the national tax forum and through tax harmonisation. Investment over a two- to three-year period in a new Territory Revenue management system to enhance on-line payments and reporting. Ongoing commitment to continuously enhance Treasurys capacity to analyse, present and forecast key Territory economic and fiscal indicators in order to provide better information for the community and decision makers. Continuation of reforms in the Territorys superannuation schemes to simplify arrangements to the benefit of members and reduce administrative complexity and costs. Expanded graduate and other trainee programs to enhance financial and economic management within the Territory public sector.

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