The Economic Group advises the Treasurer and the Government on economic issues affecting the Territory. It comprises four business units: Commercial, Economic Analysis, Economic Policy and Intergovernmental Relations.
Commercial analyses provides advice to the Treasurer, Government Ministers and agencies on commercial issues and major Government projects, specifically those that involve private sector operation or delivery, and on public private partnerships policy issues.
Darwin Correctional Precinct Public Private Partnership Project
The Darwin Correctional Precinct Public Private Partnership Project Summary is available for download.
Economic Analysis monitors and reports regularly to the Treasurer, government agencies and the public on the performance of the Northern Territory economy and undertakes analysis of associated key macroeconomic, statistical and demographic indicators and issues. The unit also undertakes economic modelling and develops demographic projections.
The Northern Territory economic briefs provide up-to-date analysis of the Territory’s current position and performance in relation to the Territory and national economy. Briefs are prepared on a monthly, quarterly or annual basis and report on a broad range of economic indicators. Briefs can be viewed on the Economic Briefs section of this website.
The Northern Territory economy website provides analysis on the current state and performance of the overall economy, including the Territory’s key economic indicators and industries. The website provides a dynamic resource for businesses, the general public and government agencies to access up to date information and statistics on the Territory economy. The website can be accessed here.
Demography and Population Projections
Analysis and advice is provided on demographic trends and issues that impact the Territory, including the nature of population change by non-Indigenous and Indigenous identity, gender and age across the Territory’s regions.
The Northern Territory population projections are estimates of the future size and characteristics of the Territory population, and have been developed to assist Northern Territory Government, non-government organisations and businesses to plan service delivery across the Territory. More information, including progress and updates can be found on the Population Projections section of this website.
Northern Territory economic forecasts are published as part of the annual Budget and Mid-Year Report. Estimates are produced for the Territory’s key economic indicators, which include the gross state product, state final demand, population, employment, unemployment rate, consumer price index, and wage price index.
Economic Policy advises the Treasurer, Government Ministers and agencies on microeconomic issues including competition, economic regulation, government business divisions, insurance and economic development policy.
Intergovernmental Relations has a primary focus on intergovernmental financial arrangements (mainly between the Commonwealth and the Territory). This includes representing the Territory’s interests in the Territory’s dealings with the Commonwealth Grants Commission, and in establishing specific funding agreements with the Commonwealth. It also coordinates measurement and reporting of Government service delivery outcomes against defined standards and analyses the causes and factors affecting performance, including Indigenous outcomes.
Northern Territory Social Briefs provide the latest key social statistics about the Territory. These briefs cover a broad range of social indicators, such as population, family and community, health and welfare, education and training, employment, economic resources and other areas of social concern. The briefs draw on various sources of data including Australian Institute of Health and Welfare, Australian Bureau of Statistics and National Centre for Vocational Education Research.
Last updated: 15 July 2019