Ms SACILOTTO - 2008-02-12
There is a headline in today’s paper that reads: ‘Territory Growth Leads the Nation’. Can you outline some of the reasons that have led to this headline?
ANSWER
Madam Speaker, I thank the member for Port Darwin, because she has a very fine-tuned ear to the business community of Darwin in her electorate of Port Darwin – obviously, a critical part of the growth engine of our economy.
The Henderson government is absolutely committed to managing our economy to create opportunities for Territory families. More Territorians have jobs, our population is growing, business confidence is high and there is strength in our construction industry. A recent Moody’s Investors Services’ report described the Northern Territory economy as ‘booming’. Access Economics predicts that we will have the strongest economic and employment growth in the country for the next five years.
ANZ job advertisement figures released yesterday show there is a healthy jobs market for Territorians. The ANZ figures show there are plenty of jobs up for grabs, with significant growth seen in just the past 12 months. In the last 12 months, job advertisements increased by 13.4% in the Territory, compared to just 0.7% nationally.
With increased employment opportunities we need to ensure that we have a skilled workforce. This is why, under the government’s Jobs Plan 3, we have the nation’s highest number of people per capita in our VET courses. We are building our workforce and our local skills for our future growth. Under sound financial management of the Labor government, the Territory has experienced very strong economic growth. This Henderson government will continue to manage the economy so that the benefits flow through right across the Territory to all Territory families.
ANSWER
Madam Speaker, I thank the member for Port Darwin, because she has a very fine-tuned ear to the business community of Darwin in her electorate of Port Darwin – obviously, a critical part of the growth engine of our economy.
The Henderson government is absolutely committed to managing our economy to create opportunities for Territory families. More Territorians have jobs, our population is growing, business confidence is high and there is strength in our construction industry. A recent Moody’s Investors Services’ report described the Northern Territory economy as ‘booming’. Access Economics predicts that we will have the strongest economic and employment growth in the country for the next five years.
ANZ job advertisement figures released yesterday show there is a healthy jobs market for Territorians. The ANZ figures show there are plenty of jobs up for grabs, with significant growth seen in just the past 12 months. In the last 12 months, job advertisements increased by 13.4% in the Territory, compared to just 0.7% nationally.
With increased employment opportunities we need to ensure that we have a skilled workforce. This is why, under the government’s Jobs Plan 3, we have the nation’s highest number of people per capita in our VET courses. We are building our workforce and our local skills for our future growth. Under sound financial management of the Labor government, the Territory has experienced very strong economic growth. This Henderson government will continue to manage the economy so that the benefits flow through right across the Territory to all Territory families.
Last updated: 09 Aug 2016