About This Source - ABC News (Australia)
The video item below is from ABC News (Australia). ABC News is a public news service in Australia produced by the News and Current Affairs division of the Australian Broadcasting Corporation.
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ABC News (Australia) published this video item, entitled “Assessing the impact of budget 2021 on the Northern Territory | ABC News” – below is their description.
The budget is promises ongoing tax relief, with the extension of the low and middle income offset expected to benefit up to 100,000 Territorians. Plus there is also money for renewable energy projects, national highways across the NT, and major road upgrades for the gas industry. But it’s unclear when some of the money will be rolled out.ABC News (Australia) YouTube Channel
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In This Story: Northern Territory
Alice Springs is the gateway town to the Red Centre desert.
The NT covers 1,349,129 square kilometres (520,902 sq mi). It is sparsely populated, with a population of only 245,353.
The economy is based largely on mining and petroleum, which during 2018–2019 contributed 23% of the gross state product, or $5.68 billion, accounting for 92.4% of exports.
The capital and largest city is Darwin. The population is concentrated in coastal regions and along the Stuart Highway.