The Territory Economic Reconstruction Commission has provided its first report to the Chief Minister.
The commission recommends the Territory Government focus on significant growth across five main sectors: energy (renewables and gas), manufacturing (gas and non-gas), agribusiness, resources and tourism, with a focus on attracting private investment, building the value-add and access to markets.
This first report contains 15 immediate recommendations to enable economic growth, build enabling infrastructure, attract private investment and leverage the Territory’s natural and strategic advantages.
The public submission process has so far yielded around 40 submissions, and further feedback from industry and advocacy groups, businesses and the general public is welcome. Submissions close at midnight on 24 July.
A final report will be released in November 2020.
Read the first report.