5 October 2022
Territory Public servants will be offered a compounding pay rise, ending the previous wages policy.
Territory politicians will not receive a pay rise.
The new wages policy ends the lump sum payment approach and provides a compounding pay rise for public servants.
The Government will use a 2 per cent compounding pay increase as a base for negotiations as well as working through other issues of importance to our hard working public servants.
Public servants covered by existing lump sum based-agreements will also be offered the compounding percentage pay agreement for future years, Government and Unions will work on the transition.
The economic situation has changed significantly, with interest rate rises and Australia experiencing higher than normal inflation.
The Northern Territory Government is working to reduce the cost of living for Territorians through a number of incentives and schemes.
The Territory Government remains focused on returning the budget to surplus in the medium term.
Budget 2022 forecasts a general government net operating deficit of $253 million in 2022-23. An improvement of $283 million compared to the position forecasted in last year’s Budget, and in aggregate is forecast to improve by nearly $1.4 billion over the four years.
Northern Territory Government
