Territory Stories

Budget 2013/14 Northern Territory Economy

Details:

Title

Budget 2013/14 Northern Territory Economy

Other title

Tabled paper 295

Collection

Tabled papers for 12th Assembly 2012 - 2016; Tabled papers; ParliamentNT

Date

2013-05-14

Description

Tabled by David Tollner

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

Publisher name

Department of the Treasury and Finance

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Details/C2019C00866

Parent handle

https://hdl.handle.net/10070/273751

Citation address

https://hdl.handle.net/10070/426369

Page content

Transport and Communication 175 Northern Territory Economy Transport and Communication Effective transport and communication links are critical to the NorthernTerritorys development, given the small size of the local economy, relative isolation from major national and international markets and the small and widely dispersed population. In 2011-12, transport and communication services represented 5.4percent of Territory gross state product (GSP), compared with 7.6percent nationally. The volume of trade passing through the Port of Darwin decreased by 8.5 per cent in 2011-12, as a result of declines in iron ore and copper concentrate exports and the temporary ban on live cattle exports imposed by the Commonwealth. In 2011-12, rail freight on the Darwin to Tarcoola railway declined by 3.0per cent due to a reduction in mineral exports and interruptions to the railway service caused by derailments. Passenger numbers through Darwin International Airport increased by 3.4 per cent in 2011-12, driven by growth in international passengers flying overseas and more services available, however interstate passengers declined during the period. The Commonwealth expects that some Darwin suburbs will be ready for service from the National Broadband Network starting from mid-2013. Between 2013-14 and 2016-17 the transport sector is expected to be a major beneficiary of increasing output from the mining, construction and manufacturing sectors. This will be primarily driven by the development of major projects such as the Ichthys project and gas pipeline to Gove. Share of GSP (2011-12) Northern Territory Australia %1 %1 Transport 4.1 4.7 Communication 1.2 2.8 Transport and communication 5.3 7.5 Volume (2011-12) Million % Change2 Export (tonnes) 2.3 - 15.1 Imports (tonnes) 1.2 7.4 Rail (tonnes) 3.2 - 3.0 DarwinInternationalAirport (passengers) 2.0 3.4 AliceSprings Airport (passengers) 0.6 - 9.9 1 Per cent share of GSP 2 Annual change from 2010-11 Sources: ABS Cat. No. 5220.0; Darwin Port Corporation; Genesee and Wyoming Australia; Bureau of Infrastructure, Transport and Regional Economics Chapter 14 Key points


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