Territory Stories

Budget papers 2007 - 2008

Details:

Title

Budget papers 2007 - 2008

Other title

2007/08 Budget paper

Creator

Northern Territory. Department of Treasury

Collection

Northern Territory budget papers; Reports; PublicationNT

Date

2007-05-01

Notes

Made available via the Publications (Legal Deposit) Act 2004 (NT).

Language

English

Subject

Appropriations and expenditures; Periodicals; Budget; Finance, Public

Publisher name

Northern Territory Government

Place of publication

Darwin

Volume

2007/08

File type

application/pdf

Use

Attribution International 4.0 (CC BY 4.0)

Copyright owner

Northern Territory Government

License

https://creativecommons.org/licenses/by/4.0/

Parent handle

https://hdl.handle.net/10070/244905

Citation address

https://hdl.handle.net/10070/591630

Related items

https://hdl.handle.net/10070/591624; https://hdl.handle.net/10070/591625; https://hdl.handle.net/10070/591628; https://hdl.handle.net/10070/591632; https://hdl.handle.net/10070/591634; https://hdl.handle.net/10070/591619; https://hdl.handle.net/10070/591621; https://hdl.handle.net/10070/591623

Page content

Economy Overview Population The Northern Territory is sparsely settled, with a relatively young and highly urbanised population. A far higher proportion of the Territorys population is Indigenous (29 per cent) than in other jurisdictions. Natural increase (births minus deaths) contributes more to total growth in the Territory than in other jurisdictions, averaging 1.4 percentage points compared to 0.6 percentage points nationally. This is in part due to high rates of Indigenous fertility in the Territory. Interstate migration is the most variable component of population growth. After contributing strongly to population growth in 2005, interstate migration returned to more typical patterns in 2006-07. Population growth in 2006 remains strong at an estimated 1.6 per cent, after stronger than expected growth of 2 per cent in 2005. Population growth of 1.4 per cent per annum is forecast for 2007 and 2008. An accurate estimate of population is of critical importance to the Territory as ABS population estimates are used by the Australian Government to apportion goods and services tax (GST) revenues, a substantial portion of Territory total revenue. -1 0 1 2 3 4 5 6 7 82 84 86 88 90 92 94 96 98 00 02 04 06 08f % Northern Territory Australia Year ended June Annual Population Growth f: forecast Source: Northern Territory Treasury, ABS Cat. No. 3101.0


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