Northern Territory Economy

SNAPSHOT

NT Population

246 105 0.1%

Employment

135 340

Unemployment rate5.2%Darwin

Inflation

National

Economic Growth GSP $25.4b

Growth rate

Average weekly EARNINGS

National$1608

$1773

3.1%

Median House Price

Katherine$360 000

Darwin $513 000

1.9%Palmerston

$465 000

24.1% Alice Springs$467 500

1.6%

2.1%

Industry Share of OutputTop 5

Construction11.0%

Mining12.0%

Public Admin12.3%

Health6.4%

5.2%Manufacturing

Department of Trade, Business and Innovationw: business.nt.gov.aut: 08 8999 5139

Alice

East Arnhem

Population Distribution

58.2% 5.7%

16.8%

GreaterDarwin

Katherine

8.7%

Business Size

Small95.2%

Medium4.6%

Large0.2%

Alice

Rest of NT

Business Location

73.0% 7.0%

14.0%

GreaterDarwin

Katherine

6.0%region

Springsregion

Business Confidence 2ppt

Private BusinessInvestment$8.4 billion

18.1%

YoY December 2016

Annual change2 February 2018

Quarterly Change

September

2017-18e 1.1%

2016-17f $9.4 billion

2018-19f 0.5%

2019-20f1.4%

National2017-18e

2.7% 13%

1.9%

National growth 1.6% 2.1%

National +46%

DecemberIndex 109.7

Index 112.1

1.0%

DTBI Survey +43%(419 businesses)

Sensis® Survey +26%(80 businesses)

14 ppt

17 ppt

7 ppt

Barkly

2.8%region

Rest of NT7.8%

0.5%

0.6%

2.8%

Quarterly Change September

Springsregion