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Northern Territory Debt Turnaround? | Adelaide News
Northern Territory Treasurer Bill Yan claims his government is turning the corner on a $11 billion debt, crediting progress on major mining projects and housing grants for boosting investor confidence. He spotlighted key developments like the Beetaloo Basin gas project, Nolans Rare Earths, and KGL’s copper mine. But an independent economist warns that much of the boom stems from global commodity trends—not government policy—and urges the NT to focus on stable investment conditions, critical minerals exploration, and meaningful consultation with Traditional Owners to capitalize on the energy…
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