Amid warnings of 'shocking' hit to GST, NT Chief Minister wants Commonwealth support

  • 📰 abcnews
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 83%

Australia Headlines News

Australia Latest News,Australia Headlines

Almost 50 per cent of the Territory's annual revenue of $6.6 billion comes from the GST. With the national GST pool expected to take a hit from COVID-19, the NT is calling for federal support.

"We were already seeing that the GST pool was shrinking, and we were expecting to see that take a considerable hit going forward into the next financial year, but this June quarter is going to be shocking," NT Treasurer Nicole Manison told a Public Accounts Committee [PAC] hearing in Darwin.

"Now we've got the GST pool crunched, if that money's not coming in from the Australian Government through the means they would normally give it to us, then there is a case for that money to be provided through a different form," Mr Gunner said.surety through the introduction of a minimum GST floor.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

open your borders! so tourism, business and hob can get back to normal! ....... geeeeees.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Victoria to get extra federal seat, NT and WA to lose one eachVictoria's booming population is set to hand it another MP in Federal Parliament while the Northern Territory appears likely to have its lower house representation cut in half at the next election | MaxKoslowski MaxKoslowski KenWyatt is relaxed about destruction of precious ancient heritage so losing a few lines on a map should be no biggy MaxKoslowski Since Australians are below replacement birthrate, how is the population growing? Oh that's right, treason. MaxKoslowski Let’s hope who ever it is, is not an aggressive sexist
Source: smh - 🏆 6. / 80 Read more »

NT sets date to open bordersThe Northern Territory has revealed when it will REOPEN its borders to the rest of the country. 9News What about international borders..Will it be opened this year or only next year Still silence from WA.
Source: 9NewsAUS - 🏆 10. / 72 Read more »

NT to reopen borders on July 17 | Sky News AustraliaThe Northern Territory will reopen its borders on July 17, making it the first jurisdiction to clinically eradicate the coronavirus.\n\nThe territory recorded 28 days straight without any new infections.\n\nHealth Minister Natasha Fyles said the region is leading the country in the fight against COVID-19.\n\nImage: News Corp Australia\n To all those who said it could not be eradicated, look at the NT and NZ. More to come... It was political will, not science that stood in the way of elimination 👍🏽
Source: SkyNewsAust - 🏆 7. / 78 Read more »

NT's borders to open on July 17, Chief Minister saysThe Northern Territory will soon be open to interstate visitors, with Chief Minister Michael Gunner confirming quarantine will no longer be mandatory from July 17. The change matches a similar move by South Australia. oh but we can fly to indonesia on july the 4th!!!!! So many invariables that just do not add up. So we are opening our border to vic and nsw vic had 18 new cases today ABC it willspread Ya but who is going there really🤷‍♂️
Source: abcnews - 🏆 5. / 83 Read more »

'Disinformation is Australia's expertise': China hits back over social media reportChina's foreign ministry spokesman Zhao Lijian has accused Australia of spreading disinformation and manipulating the coronavirus pandemic for its own gain. We don’t need China. They are immoral bullies with a ruthless expansionist agenda. The chamber pot calling the piss trough yellow fChina the world should boycott China
Source: abcnews - 🏆 5. / 83 Read more »

China’s reveals threat of ‘mutant strain’ of deadly virusChina raised its emergency warning to its second-highest level and cancelled more than 60 per cent of the flights to Beijing on Wednesday amid a new coronavirus outbreak in the capital. The real mutant going round is the C.C.P. of China. Their second wave pandemic is a mild case of the flu compared to the Virulent virus running the country.
Source: newscomauHQ - 🏆 9. / 77 Read more »