From: www.grantthornton.com.au: The newly elected Country Liberal Party has presented its first budget for the Northern Territory, focusing on reducing crime and increasing public service costs while projecting net debt to rise significantly over the next few years.

Key allocations include $2.5 billion for health services, $2 billion for transport infrastructure, and tax reforms aimed at supporting charities and not-for-profits.

The annual payroll tax exemption limit is to increase to $2.5 million (from $1.5 million) from 1 July 2025.