Northern Territory budget papers 2003 - 2004
2003/04 Budget paper
Northern Territory. Department of Treasury
Northern Territory budget papers; E-Journals; PublicationNT
2003-05-29
Made available via the Publications (Legal Deposit) Act 2004 (NT).; Please Note: This can't be read online. Please download to read the documents
Northern Territory Budget paper No. 01 2003-04 Speech and Appropriation Bill -- Northern Territory Budget paper No. 02 2003-04 Fiscal and Economic Outlook -- Northern Territory Budget paper No. 03 2003-04 The Budget -- Northern Territory Budget paper No. 04 2002-03 Capital Works Program -- Northern Territory Budget paper No. 05 2002-03 Budget Overview -- Budget paper No. 06 2002-03 NT Economy -- Northern Territory Budget paper No. 07 2002-03 Regional Highlights -- Northern Territory Budget paper No. 08 2002-03 Building Territory Business
English
Appropriations and expenditures; Periodicals; Budget; Finance, Public
Northern Territory Government
Darwin
2003/04
application/pdf
Attribution International 4.0 (CC BY 4.0)
Northern Territory Government
https://creativecommons.org/licenses/by/4.0/
https://hdl.handle.net/10070/591859 [LANT: E-Journals: Northern Territory Budget paper No. 01 2003-04 The Speech and Appropriation Bill]; https://hdl.handle.net/10070/591861 [LANT: E-Journals: Northern Territory Budget paper No. 02 2003-04 Fiscal and Economic Outlook]; https://hdl.handle.net/10070/591863 [LANT: E-Journals: Northern Territory Budget paper No. 03 2003-04 The Budget]; https://hdl.handle.net/10070/591865 [LANT: E-Journals: Northern Territory Budget paper No. 04 2003-04 Capital Works Program]; https://hdl.handle.net/10070/591867 [LANT: E-Journals: Northern Territory Budget paper No. 05 2003-04 Budget Overview]; https://hdl.handle.net/10070/591869 [LANT: E-Journals: Northern Territory Budget paper No. 06 2003-04 NT Economy]; https://hdl.handle.net/10070/591871 [LANT: E-Journals: Northern Territory Budget paper No. 07 2003-04 Regional Highlights]; https://hdl.handle.net/10070/591873 [LANT: E-Journals: Northern Territory Budget paper No. 08 2003-04 Building Territory Business]
https://hdl.handle.net/10070/244898
https://hdl.handle.net/10070/591861
https://hdl.handle.net/10070/591865; https://hdl.handle.net/10070/591867; https://hdl.handle.net/10070/591869; https://hdl.handle.net/10070/591871; https://hdl.handle.net/10070/591873; https://hdl.handle.net/10070/591859; https://hdl.handle.net/10070/591863
Financial Projections ________________________________________________________________________________________________ 39 TABLE 4.8: MINING AND PETROLEUM REVENUE 2002-03 2003-04 2004-05 2005-06 2006-07 Estimate Budget Forward Estimates $000 $000 $000 $000 $000 Royalties 39 300 41 300 38 300 38 934 39 513 Mineral 35 348 37 300 34 300 34 934 35 633 Petroleum 3 952 4 000 4 000 4 000 3 880 Mining and petroleum royalty revenue estimates incorporate: individual mining company projections of sales, prices and operating costs; changes to the mineral royalty regime as announced in this Budget; and no provision for any new mining projects, unless they have been formally approved and committed. Collections in 2002-03 rose significantly due to increased gold production and improved production values in other sectors. Growth in collections will continue in 2003-04 at more moderate levels. Collections in 2003-04 are expected to increase by 5.5 per cent due mainly to an additional $3.8 million arising from reducing the exploration expenditure deduction from 35 per cent to 25 per cent as provided in this Budget. More information on the mineral royalty revenue measures in the Budget is provided in Chapter 5. Mineral royalty collections are expected to decline in 2004-05 by 8.0 per cent due to the impact of an expected mine closure and grow moderately (1.8 per cent and 2.0 per cent) in 2005-06 and 2006-07. Petroleum royalty collections are expected to stay constant except for 2006-07 where a decline of 3.0 per cent is expected.