Northern Territory
The Northern Territory is the most sparsely settled environment in Australia, with more than 1.4 million square kilometres from the centre to the northernly coast of Australia with about a population of 218, 380.
range of restaurants and nightlife with exciting tourist venues and up market waterside developments. The best thing about Australia’s Northern Territory is the lifestyle. Territorians enjoy a relaxed outdoor lifestyle year round that many envy. Getting to work will take no more than 15 to 20 mins, and there is plenty of sunshine left when you return home from work. The state offers a unique way of life with a vast land of opportunities for business growth. With a booming economy and rich heritage, Northern Territory is a perfect family and individuals to live healthy, relaxing and fruitful lives.
Economy
For the past three years, Northern Territory has been Australia’s fastest growing economy that offers one of the highest salaries in the Australia and the lowest unemployment rates. The Northern Territory’s economy is largely driven by the tourism and mining industry. In the tourism sector, Northern Territory is leading Australia’s average in tourist accommodation bookings with guest nights increasing by 6.5 percent in 12 months. The mining and energy industry production exceeds $2.5 billion per annum. In addition, there are major construction projects, growing pastoral and horticulture sectors with numerous mineral discoveries and a developing trade gateway to the ever growing Asia region.
Small business accounts for 54.1 percent of the employment in Northern Territory’s private sector, thus boasting vast opportunities for business prospects. As the results of thriving activities in the economy, there is a high demand for skills across many occupations and thus providing ample of job opportunities for the people in Northern Territory.