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Northern Aust to win with Asian boom

THE federal government is showcasing Darwin to world investors as it tries to tempt them to invest in northern Australian development.

A "TSUNAMI of demand" is spilling out of Asia's growing middle class into Australian markets, says the government, as it positions itself to take advantage of nervous investors with money to sink into the safe haven of northern Australia.

"THERE is a lot of money out there (in Asia) looking for a home," Northern Territory Business Minister Peter Styles told reporters on Friday.

Original URL: https://www.news.com.au/national/breaking-news/north-is-a-financial-safe-haven-robb/news-story/20f46a1d611e6d1461e1e7c3da56a2e2