Darwin Major Business Group Ltd (DMBG), representing the Territory’s largest employers and investors, welcomes the passage of the Lands, Planning and Environment Legislation Amendment Bill 2025. We see this package as a meaningful enabler—streamlining low-risk approvals, cutting unnecessary red tape, and modernising systems without compromising scrutiny.
This approach aligns directly with our priorities in the DMBG Over the Horizon 2024 and 2025 reports:
- In our 2024 publication, DMBG referred to a previous target to grow the Territory’s economy to $40 billion by 2030, averaging approximately 5% annual growth. That report warned that unless private investment surged, the NT would fall short—and today we are seeing that challenge unfold.
- The 2025 update re-emphasised that our debt is now unsustainable and that the only path to fiscal resilience is through rapid private-sector-led growth. Crucially, Over the Horizon 2025 singled out key actions essential for unlocking that investment:
- Fast-track approvals processes
- Target infrastructure investment
- Boost productivity via workforce and regional development
- Restore investor confidence in the Northern Territory
- Cultivate a performance-driven public sector culture
This legislative package delivers directly on those priorities—especially reforms aimed at boosting efficiency for low-risk projects, aligning government systems with modern expectations, and fostering certainty for long-term investors.
We look forward to working with the Government to ensure these reforms translate into jobs, projects, and growth—so we can collectively steer the Territory economy, secure services and communities, and deliver a stronger future for all Territorians.
"The Darwin Major Business Group has been clear in our Over the Horizon reports that faster approvals and private investment are critical to the Territory’s future. These reforms cut red tape, provide certainty, and restore investor confidence."
— Steve Margetic, Chair, DMBG