Industry bodies say NT Budget signals mining-led growth
The Northern Territory’s (NT's) 2025/26 Budget has been welcomed by Australia’s mining industry as a sign of the government’s intent to drive economic growth through resource development, tax reform and infrastructure investment. The NT government’s first budget under Chief Minister Lia Finocchiaro and Treasurer Bill Yan outlines a path back to surplus by 2027/28, supported by strong contributions from the mining and petroleum sectors, which accounted for 25% of gross state product in 2023/24.
The Northern Territory’s (NT's) 2025/26 Budget has been welcomed by Australia’s mining industry as a sign of the government’s intent to drive economic growth through resource development, tax reform and infrastructure investment. The NT government’s first budget under Chief Minister Lia Finocchiaro and Treasurer Bill Yan outlines a path back to surplus by 2027/28, supported by strong contributions from the mining and petroleum sectors, which accounted for 25% of gross state product in 2023/24.
