A plan for budget repair - interim report
An independent assessment of the Territory’s fiscal position.
The Fiscal Integrity and Transparency Act (FITA) requires that the Territory Government publish a fiscal strategy, based on the principles of sound fiscal management. The relevance of the Territory’s current fiscal strategy has diminished following significant reductions in the level of untied Commonwealth funding to the Territory since 2016-17, combined with ongoing expenditure needs. The new fiscal strategy will need to be supported by a modern public service and improvements in the way government operates by increasing productivity and making sure every dollar counts towards better outcomes for Territorians. It provides a rare opportunity to implement strategic and generational change in the delivery of government services to Territorians.
The Northern Territory Government has engaged independent experts to provide an assessment of the Territory Government’s medium-term fiscal modelling and to develop an overarching reform framework to return the Territory budget to a sustainable position over the medium term.
Download the interim report overview
Download the interim report
*Public consultations concluded 25 February and are now closed.