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'It would cripple the territory': NT government to scrap $15bn debt ceiling

Summary by ABC Australia
The Northern Territory has by far the country's highest levels of net debt per capita, and it's on track to keep growing. The financial pressures have prompted the NT government to scrap a $15 billion debt ceiling.

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ABC AustraliaABC Australia

'It would cripple the territory': NT government to scrap $15bn debt ceiling

The Northern Territory has by far the country's highest levels of net debt per capita, and it's on track to keep growing. The financial pressures have prompted the NT government to scrap a $15 billion debt ceiling.

·Australia
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ABC Australia broke the news in Australia on Tuesday, February 4, 2025.
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