The Northern Territory economy growth and structure 1965-1985 by Ciaran O'Faircheallaigh

Abstract

This paper seeks to provide a readily-available source of basic data on the Northern Territory (NT) economy, to outline the important changes which have occurred in economic activity during the last two decades, and to give an indication of likely future trends. It outlines developments in each major sector of the economy, and analyses the NT's economic structure. It concludes that future growth of the economy is likely to be slower than that experienced since the mid-1960s, and that economic activity will remain heavily dependent on public expenditures and on a small number of commercial activities which are vulnerable to substantial fluctuations even over the short term. Show more