By ERWIN CHLANDA
What should be done about the NT Treasury prognosis that Territory debt will increase from $5.9 billion last November 2019 to $35.7 billion by 2029-30?
That’s the question Chamber of Commerce CEO Greg Bicknell (at left) is putting to his members.
He’s asking them to respond to a survey whose result he says will be “conveyed loudly to Government and our political leaders to ensure they focus on genuine Territory development – rather than political spin doctoring and gloss.
“Anecdotally, we are aware that many NT businesses are going through tough times and it is important to now gather some factual data on the extent and nature of this pain.”
The survey contains these questions: “The NT Government is currently borrowing to cover day-to-day costs” and gives the members these choices for reform:-
• Reduce Public Sector Staffing costs (especially at the executive levels).
• Reduce general operating costs (including travel and administration costs).
• Reduce the use of consultants (especially interstate consultants).
• Reduce government programs.
• Outsource the delivery of warranted programs to the private sector (to achieve operational savings).
• Other suggestions.
And: “Please rate what are the key factors you believe are greatly affecting the economy?
“Population; economic climate; government policy; business competition; other factors.”
And finally, the survey is asking: “If there were two or three messages you would want us to convey directly to the Chief Minister and his Government on your behalf – what would they be?”
What will business say to Gunner about the economy?
By ERWIN CHLANDA