During a wide-ranging interview, Michael Gunner denies the Territory is in financial crisis and acknowledges his Government should have brought back a stimulus scheme for home improvement earlier.
Category Archives: Budget
NT department heads put on notice over budget blowouts
Reining in routine overspending across Northern Territory Government departments forms the centre point of a plan to curb the region's spiralling debt crisis.
Axed NT minister says he’s seen more spin ‘than Shane Warne’ in Territory Government
Ken Vowles was axed today from the Labor caucus, along with assistant minister Jeff Collins and backbencher Scott McConnell, and promptly let rip on his former colleagues.
WA turns from deficit to surplus, with extra cash poured into public transport
The State Government announces a return to surplus of more than $1 billion, one year earlier than expected — with the extra money to be committed to its key transport plan Metronet.
Why is the Northern Territory in so much debt?
The NT Labor Government is blaming its budget freefall on a decline in GST revenue and the natural economic lull after its LNG project boom, but does that explanation actually hold up?
Government’s future surpluses rely on unlikely wages rebound
The Government's planned $37 billion in surpluses over the next few years rely on a lot of pretty optimistic assumptions, but its promise to hand back more than $9 billion through yet-to-be-announced policies will be baked in.
Budget heading for surplus on back of higher tax receipts and lower payments
Treasurer Josh Frydenberg says the government needs to "stick to the plan" as he remains on-track to halve the $14.4 billion deficit forecast for 2018-19.
Federal Government to announce $500m to target chronic aged care shortages
The mid-year budget update will include half a billion dollars to look after some of the nation's most vulnerable, including an extra 10,000 high-level home care packages.
Population growth needs to be part of the national economic conversation
The issue of population growth has now made it onto the national political agenda, but the debate needs to be grounded in a rational discussion of the economic and social pros and cons.
Fact check: Has the Coalition doubled net debt?
Shadow assistant treasurer Andrew Leigh says that the Coalition has doubled net debt since it came to office. Fact Check finds that to be correct, but with some important caveats.