Northern Territory debt soaring past $7 billion after COVID-19 stimulus measures
THE Northern Territory Treasurer Nicole Manison will face tough scrutiny today over the NT’s soaring debt
Northern Territory
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THE Northern Territory Treasurer Nicole Manison will face tough scrutiny today over the NT’s soaring debt.
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Pre-coronavirus NT debt was expected to hit more than $7 billion.
This will climb further with big spending stimulus measures taken to help NT industry and workers during coronavirus shutdowns.
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Key Territory business groups have warned of the looming financial crisis facing the Northern Territory post-coronavirus.
Ms Manison will today brief Territorians on the extent of the financial crisis facing Territorians.
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