Territory Stories

Budget 2013/14 Northern Territory Economy



Budget 2013/14 Northern Territory Economy

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Tabled paper 295


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




Tabled by David Tollner


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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Department of the Treasury and Finance

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Population 37 Northern Territory Economy Population The Northern Territorys population is the smallest of all jurisdictions in Australia, spread over a large landmass. It differs from other parts of Australia, with around 30percent of the Territorys population being Indigenous, compared with 3percent nationally. In annual terms, the Territorys estimated resident population increased by 1.5percent to 234836 as at 30 June2012. Growth in 201112 recovered to more usual levels from the low of 201011, which was largely caused by the previous years relocation of defence force personnel from the Territory. The Territorys annual population growth is expected to strengthen between 2012and2015 and moderate from 2016, reflecting major project workforce requirements and associated buoyant economic activity. Key risks to the forecasts include the magnitude and timing of direct and indirect project impacts through migration and whether these workers and dependants are captured within the Territorys population. Northern Territory 201011 201112 Annual Change 10Year Average1 Estimated residential population2 231331 234836 1.5% 1.6% Natural increase3 2820 2993 1.3% 0.5% Net interstate migrants3 2 549 1 492 0.6% 2.9% Net overseas migrants3 630 2 004 0.9% 11.8% Indigenous population4 68 901 69 819 1.3% 1.6% Indigenous population as a proportion of total population 29.8% Median age (years) 31.4 31.6 0.6% 0.6% 1 Average annual growth from 200102 to 201112 2 As at 30 June 3 Annual changes are contributions to annual population growth 4 Indigenous population figures at June 2012 are taken from the Northern Territory Government Population Projections, released April 2013 Source: ABS Cat. Nos 3101.0, 3218.0; Northern Territory Government Population Projections Interim Update (2013 Release) Background The Territorys population accounts for just over 1percent of the total population of Australia. However, this relatively small population lives across a large landmass. A substantial proportion of the Territorys population lives in remote areas, with nearly half (44percent) living outside of the Greater Darwin region (consisting of DarwinCity, Darwinsuburbs, Palmerston and Litchfield). The latest Australian Bureau of Statistics (ABS) population estimates show 29.8percent of the Territorys population is Indigenous, compared with 3.0percent of the Australian population. Indigenous Territorians are more likely to live in remote communities, have a relatively young age profile and are less migratory than the Territorys nonIndigenous population. Chapter 4 Key points

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