Key takeaways from the NT budget 2026-27

Part of the Darwin Correctional Centre
The government has pledged record funding for law and order, with hundreds more prison beds planned. -AAP Image

KEY TAKEAWAYS FROM THE 2026/27 NORTHERN TERRITORY BUDGET

* Net debt: $12.55 billion for 2026-27

* Deficit at $1.06 billion for 2026-27

* Budget expected to return to near surplus by 2029-30

* Revenue at $10.7 billion for 2026-27

* Expenditure at $12.78 billion for 2026-27

* GST revenue at $5.1 billion for 2026-27

* Economic growth at 5.8 per cent for 2026-27

* Unemployment at 5.2 per cent for 2026-27.

LAW AND ORDER SPENDING

* Record $1.73 billion new funding for police, corrections and courts, with hundreds more prison beds planned and more officers employed 

* $250 million to build prisoner work camps in Darwin and Katherine and to upgrade Alice Springs Correctional Centre  

 * $48 million over four years and $15.8 million ongoing to establish force of 212 police public safety officers. 

GENERAL SPENDING

* $100 million for new flood recovery fund

* Over $290 million to deliver concessions and subsidies to help with cost-of-living pressures

* Over $2 billion on the capital works program for key road and transport infrastructure projects

* $2.6 billion for health services, including funding for more hospital beds and improved ambulance services

* $1.7 billion for education including $1 billion for government schools and $352 million for non-government education

* $1.8 billion to support urban and remote housing, NT government home buyer grants extended to September 2027