Northern Territory budget papers 2007 - 2008
2007/08 Budget paper
Northern Territory. Department of Treasury
Northern Territory budget papers; E-Journals; PublicationNT
2007-05-01
Made available via the Publications (Legal Deposit) Act 2004 (NT).
Northern Territory Budget paper No. 01 2007-08 Speech and Appropriation Bill -- Northern Territory Budget paper No. 02 2007-08 Fiscal and Economic Outlook -- Northern Territory Budget paper No. 03 2007-08 The Budget -- Northern Territory Budget paper No. 04 2007-08 The Infrastructure Program -- Northern Territory Budget paper No. 05 2007-08 Budget Overview -- Budget paper No. 06 2007-08 NT Economy -- Northern Territory Budget paper No. 07 2007-08 NT Economy Overview -- Northern Territory Budget paper No. 08 2007-08 Regional Highlights -- Northern Territory Budget paper No. 09 2007-08 Business Highlights
English
Appropriations and expenditures; Periodicals; Budget; Finance, Public
Northern Territory Government
Darwin
2007/08
application/pdf
Attribution International 4.0 (CC BY 4.0)
Northern Territory Government
https://creativecommons.org/licenses/by/4.0/
https://hdl.handle.net/10070/244905
https://hdl.handle.net/10070/591630
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
Economy Overview Prices and Wages In 2006, Darwins Consumer Price Index (CPI) increased by 4.4percent, compared to a 3.5percent increase nationally. Inflation in the Territory is expected to fall significantly in 2007, largely reflecting moderating growth in housing prices and lower fuel and banana prices. Darwin CPI growth of 3.0percent and 2.5percent, is forecast for 2007 and 2008 respectively. In 2006, the Territorys Wage Price Index increased by 3.9percent compared to 4.0percent nationally. Strong wages growth in the Territory and nationally over the past two years reflects the impact on wages growth of the tight labour market and skilled labour shortages, especially in construction, mining and health. Wages growth in the Territory is expected to moderate in 2007 as the Alcan G3 refinery expansion is completed and growth in public sector wages is constrained by the Territory Governments public sector wages policy. -1 0 1 2 3 4 5 6 7 98 99 00 01 02 03 04 05 06 07e 08f Darwin (quarterly) Eight capitals (quarterly) Darwin (year on year) Eight capitals (year on year) % Year ended December Consumer Price Index e: estimate; f: forecast Source: Northern Territory Treasury, ABS Cat. No. 6401.0