2025-26 Northern Territory Budget

by

Ed.

From pwc.com.au: The 2025-26 Northern Territory Budget prioritises safety, security, and law and order, while also focusing on health, infrastructure, and cost-of-living measures.

Despite a projected deficit of $265 million, the government anticipates increased GST, taxation, and royalty revenues, with a return to surplus expected by 2027-28.

Key revenue measures include raising the payroll tax threshold and implementing tax exemptions for apprentices and trainees starting 1 July 2025.

Filed under: Payroll Tax, States - Budgets Stamp Duty Land Tax etc