1 00:00:00,320 --> 00:00:03,680 Speaker 1: We know the budget was handed down yesterday and joining 2 00:00:03,680 --> 00:00:05,120 Speaker 1: me on the line to talk a little bit more 3 00:00:05,120 --> 00:00:07,400 Speaker 1: about it from a business perspective. It is the Chief 4 00:00:07,480 --> 00:00:11,200 Speaker 1: Policy Officer for the Northern Territories Chamber of Commerce, Stephen 5 00:00:11,200 --> 00:00:12,440 Speaker 1: good Or. Good morning to you. 6 00:00:13,760 --> 00:00:16,040 Speaker 2: Hi Katie, good morning. How are you very well? 7 00:00:16,160 --> 00:00:18,759 Speaker 1: Stephen? What was your reaction to the budget yesterday? 8 00:00:20,120 --> 00:00:24,320 Speaker 2: Well, I think there were some pleasant surprises in the 9 00:00:25,079 --> 00:00:28,960 Speaker 2: budget delivery yesterday and I think, you know, without rattling 10 00:00:29,000 --> 00:00:33,600 Speaker 2: off too many of the positives that came out of it, 11 00:00:33,680 --> 00:00:39,479 Speaker 2: that the general impression of the budget was in amongst 12 00:00:39,960 --> 00:00:42,760 Speaker 2: all of the habit tumultuous things that happened yesterday, was 13 00:00:42,800 --> 00:00:47,040 Speaker 2: that the budget was was quite a quite a surprise. 14 00:00:48,200 --> 00:00:51,520 Speaker 1: We know that, you know, some businesses have been doing 15 00:00:51,520 --> 00:00:54,640 Speaker 1: it a bit tough, certainly throughout the COVID pandemic. But 16 00:00:54,680 --> 00:00:58,240 Speaker 1: has this year's budget been beneficial for our territory businesses? 17 00:00:59,520 --> 00:01:02,600 Speaker 2: Yeah? I think you know, there's a there's an element 18 00:01:02,640 --> 00:01:06,720 Speaker 2: that steps in before that and the general health of 19 00:01:06,840 --> 00:01:12,680 Speaker 2: the Mordern Territory government underpins very much our commercial sector, 20 00:01:13,080 --> 00:01:17,800 Speaker 2: as then does our commercial sector underpin you know the 21 00:01:17,840 --> 00:01:23,040 Speaker 2: performance of the overall budget for the government on an 22 00:01:23,040 --> 00:01:26,400 Speaker 2: annual basis. Now, the last couple of years have seen 23 00:01:27,640 --> 00:01:34,600 Speaker 2: exponential expenditure against health concerns and the pandemic, certainly the 24 00:01:34,720 --> 00:01:39,560 Speaker 2: related additional cost that went against our police services for 25 00:01:39,720 --> 00:01:44,720 Speaker 2: border control and other things. And you know, the fundamental 26 00:01:44,760 --> 00:01:47,240 Speaker 2: belief I guess as we've come out of this was 27 00:01:47,280 --> 00:01:50,320 Speaker 2: that some of these impacts were going to be felt 28 00:01:50,400 --> 00:01:54,920 Speaker 2: still against this budget. But I think the resilience of 29 00:01:55,920 --> 00:02:00,640 Speaker 2: funding that's come in through GST revenue growth because of 30 00:02:01,680 --> 00:02:08,000 Speaker 2: national performance and territory performance in any economics are underpinning that. 31 00:02:09,280 --> 00:02:12,680 Speaker 2: Though there are a lot of struggles still, particularly in 32 00:02:12,680 --> 00:02:16,680 Speaker 2: that workforce space that you spend considerable time speak about 33 00:02:16,720 --> 00:02:20,639 Speaker 2: on air with many many different entities that you know, 34 00:02:20,680 --> 00:02:23,880 Speaker 2: there are some positives that come out of this and 35 00:02:23,960 --> 00:02:28,160 Speaker 2: some real commitments I think in some key areas, particularly 36 00:02:28,200 --> 00:02:36,240 Speaker 2: in housing and the development of additional infrastructure projects and investments. 37 00:02:36,520 --> 00:02:38,880 Speaker 2: I think there are some very strong positives as well. 38 00:02:39,280 --> 00:02:41,560 Speaker 1: We are obviously hearing right now and you touched on 39 00:02:41,600 --> 00:02:44,519 Speaker 1: this just a moment ago, that some industries are really 40 00:02:44,560 --> 00:02:49,280 Speaker 1: struggling to fill those jobs, so struggling with workforce. Can 41 00:02:49,320 --> 00:02:52,440 Speaker 1: that economic growth still happen and still be as strong 42 00:02:52,440 --> 00:02:56,079 Speaker 1: as predicted. If businesses are struggling to find people to 43 00:02:56,120 --> 00:02:56,760 Speaker 1: fill jobs. 44 00:02:58,320 --> 00:03:00,840 Speaker 2: As I spoke to you just a couple of weeks 45 00:03:00,919 --> 00:03:06,320 Speaker 2: back on on the workforce issues and challenges, and you know, 46 00:03:06,400 --> 00:03:10,120 Speaker 2: there's a there's a whole series of elements that come together. 47 00:03:11,280 --> 00:03:13,960 Speaker 2: You know, you have the Pacific program, you have skilled migration. 48 00:03:14,240 --> 00:03:18,320 Speaker 2: We have a tremendous amount of focus both through the 49 00:03:18,320 --> 00:03:22,440 Speaker 2: Department of Education and through Workforce and T on the 50 00:03:22,520 --> 00:03:27,239 Speaker 2: on the development of skilling. GT and T and many 51 00:03:27,280 --> 00:03:30,079 Speaker 2: others are doing fantastic job. And you know, we've got 52 00:03:30,120 --> 00:03:34,600 Speaker 2: record numbers of apprentices in the system. One of the 53 00:03:34,680 --> 00:03:37,160 Speaker 2: key things that is happening is that we've we've got 54 00:03:37,240 --> 00:03:40,480 Speaker 2: a you know, almost like a perfect storm. We've got 55 00:03:40,640 --> 00:03:45,960 Speaker 2: a number of years of elements of of that feeder 56 00:03:46,320 --> 00:03:50,480 Speaker 2: have not been operational because of closed borders. We have 57 00:03:51,000 --> 00:03:57,320 Speaker 2: had substantial pushback because of the lack of availability of accommodation, 58 00:03:57,880 --> 00:04:00,680 Speaker 2: and one of the other pieces that has been having 59 00:04:00,720 --> 00:04:04,480 Speaker 2: substantial impact. Of course, there has been the very widespread 60 00:04:04,520 --> 00:04:10,000 Speaker 2: concerns of public safety. These are affecting our abilities to 61 00:04:10,040 --> 00:04:15,080 Speaker 2: be an attractive destination for employment, migration to families, and 62 00:04:15,320 --> 00:04:19,000 Speaker 2: the rest of it. So that it is a perfect storm. 63 00:04:19,600 --> 00:04:22,760 Speaker 2: I think there are elements in the budget that certainly 64 00:04:22,839 --> 00:04:27,920 Speaker 2: get at some of these key pieces. And Nicole, our 65 00:04:28,000 --> 00:04:30,960 Speaker 2: chief operating officer, and the team have been doing an 66 00:04:30,960 --> 00:04:35,440 Speaker 2: excellent job in this living in the territories initiatives and 67 00:04:35,520 --> 00:04:39,160 Speaker 2: really getting some focus with the public and business on 68 00:04:39,960 --> 00:04:40,800 Speaker 2: public safety. 69 00:04:41,160 --> 00:04:44,279 Speaker 1: Well yeah, well that is certainly an issue, as is 70 00:04:44,640 --> 00:04:47,000 Speaker 1: those staff shortages. Steven, we are going to have to 71 00:04:47,080 --> 00:04:48,960 Speaker 1: leave it there. We're pretty pressed for time this morning. 72 00:04:49,000 --> 00:04:51,680 Speaker 1: Thank you so much for having a chat with us all. 73 00:04:51,760 --> 00:04:54,600 Speaker 2: Rkatie, thanks very much for listeners. Thank you, thank you.