Territory Stories

Northern Territory budget papers 2003 - 2004

Details:

Title

Northern Territory budget papers 2003 - 2004

Other title

2003/04 Budget paper

Creator

Northern Territory. Department of Treasury

Collection

Northern Territory budget papers; E-Journals; PublicationNT

Date

2003-05-29

Notes

Made available via the Publications (Legal Deposit) Act 2004 (NT).; Please Note: This can't be read online. Please download to read the documents

Table of contents

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

Language

English

Subject

Appropriations and expenditures; Periodicals; Budget; Finance, Public

Publisher name

Northern Territory Government

Place of publication

Darwin

Volume

2003/04

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/

Related links

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]

Parent handle

https://hdl.handle.net/10070/244898

Citation address

https://hdl.handle.net/10070/591861

Related items

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

Page content

Appendix: The State and Territory Shares of National Revenues - Update ________________________________________________________________________________________________ 69 FIGURE 1 REVENUE, OWN-PURPOSE EXPENSES AND GRANTS For the purposes of this analysis, GST is defined as a State tax collected by the Commonwealth on an agency basis. Source and methods provided at the end of this appendix. THE SHARES OF NATIONAL REVENUE As stated in the 2001 report, prior to 1998-99, the States were largely responsible for increases in national revenue collections, while receiving a declining share of national revenue. This reflected an increased own-source revenue effort by the States to offset the lack of real growth in Commonwealth grants to meet their expenditure responsibilities. Since the introduction of tax reform in 2000-01, the Commonwealth has been largely responsible for the increase in national revenue collections, while retaining an increasing share of that revenue. As well, the States ability to raise additional own-source revenue has been restricted by the abolition of State taxes under the auspices of the IGA. Figure 2 shows that: the total share of national revenue provided for State purposes is forecast to decline from 42 per cent in 1998-99 to 39 per cent in 2005-06; and following the introduction of the GST, State own-source revenue represents an increasing proportion of total State revenue increasing to 82 per cent in 2002-03 with the GST representing 34 per cent of own-source revenue. 0 40 80 120 160 200 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 State Own-Source Revenue State Own-Purpose Expenses Commonwealth Revenue Commonwealth Own-Purpose Expenses $B (02-03) Post-Tax Reform Commonwealth Own-Purpose Revenue Commonwealth Grants Pre-Tax Reform 180 140 100 60 20