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Northern Territory Budget Targets Debt with Savings and Record Crime Funding

Treasurer Bill Yan's first Country Liberal Party budget introduces $20 million in annual agency savings while allocating $1.5 billion to law enforcement and corrections.

NT Treasurer Bill Yan. (AAP Image/David Hancock)
A man in a suit and tie standing up and speaking, inside a parliamentary chamber.
A graphic depicting a map of the Northern Territory over a patterned background

Overview

  • The Northern Territory's net debt stands at $10.55 billion and is projected to rise to $13.97 billion by 2028-29 following the removal of the $15 billion debt cap in February.
  • Government agencies are required to implement $20 million in annual operating savings, focusing on discretionary spending reductions in areas like travel and marketing.
  • A record $1.5 billion has been allocated to a tough-on-crime agenda, including $126 million in new corrections funding for 2025-26 and $176 million annually from 2026-27.
  • Police funding will increase by $110 million, bringing total appropriations to $608 million, with investments in remote policing and equipment upgrades.
  • The budget also allocates $100 million over the forward estimates to address legacy and future caseloads in Northern Territory courts.