OpEd | Making the quiet case for Territory economic growth
January 12, 2026

This DMBG opinion piece was published in the NT News on 12 January 2026.


Strip away the labels and the Darwin Major Business Group (DMBG) exists for one reason: economic growth in the Northern Territory. 

 

The DMBG was established in 2017, at a time when the Territory was confronting familiar challenges: weak private investment, stagnant population growth, rising costs of doing business, and a persistent gap between economic ambition and delivery. 

 

Its formation reflected a view shared by senior business leaders that the Territory needed a small, disciplined, business-led forum focused squarely on economic growth; not politics, not ideology, and not daily commentary. 

 

DMBG exists to advocate for policies and decisions that support sustainable economic growth in the Territory. Growth that creates jobs, attracts investment, improves productivity and strengthens the Territory’s long-term financial position, the fundamentals. That growth is expected to occur within the community’s normal standards for environmental responsibility and social progress, because long-term economic success depends on both. 

 

The Group is deliberately small. Membership is by invitation, with an expectation that members contribute time, experience and strategic insight. Members include locally headquartered companies and national firms with a substantial, long-term operating presence in the Territory. The common thread is commitment to the NT economy, not corporate scale. That distinction matters. 

 

The Northern Territory has always relied on external capital. From pastoral expansion, to mining, to defence and major infrastructure, the Territory’s economic progress has depended on investment decisions made well beyond our borders. The question has never been whether outside capital should be involved. The real question is whether the Territory positions itself well enough to attract it, retain it, and convert it into lasting benefit for all Territorians. 

 

That task is made harder by the gap between national rhetoric and national action. There is constant talk about the strategic importance of Northern Australia and the Northern Territory in particular. What is missing is Commonwealth funding and policy settings that reflect that rhetoric. Strategy papers do not build roads, deliver housing, reduce freight costs or unlock private investment. 

 

The same pattern applies to structural reform. Proposals such as special tax or investment zones for Northern Australia surface regularly, are acknowledged as sensible responses to higher costs, and then quietly shelved. If the Northern Territory is genuinely regarded as nationally strategic, it should not be expected to compete on the same settings as lower-cost, better-serviced jurisdictions. 

 

That is where the DMBG focuses its effort. The Group does not campaign on day-to-day political issues. It does not exist to generate headlines. Much of its work happens quietly: economic analysis, policy submissions, briefings with government, and direct engagement with decision-makers, often before an issue reaches public debate. 


Since its establishment, the Group has consistently focused on core economic enablers: infrastructure investment, efficient and predictable regulation, competitive freight and logistics, workforce availability, energy security and policy stability. These issues rarely attract applause, but they determine whether projects proceed, stall or walk away. 


The DMBG does not claim to speak for all business, nor does it try to. Its purpose is simpler, and harder: to speak plainly about economic challenges and consequences, even when that message is uncomfortable. 

 

Talking up the Territory is easy; funding it, reforming it and backing it properly is harder and that is the gap that still needs closing. 

November 7, 2025
The Darwin Major Business Group (DMBG) welcomes Vopak ’s planned carbon dioxide import, storage and handling terminal at the Middle Arm Precinct – a project expected to create up to 1,000 local jobs and deliver significant long-term economic benefits for the Northern Territory. This project aligns strongly with DMBG’s Over the Horizon report priorities, including accelerating private sector investment, fast-tracking major projects, workforce development, and leveraging the Territory’s strategic geographic location to build sustainable industries. DMBG A/Chair Sam Jeffries said the Vopak announcement demonstrates how major projects can deliver tangible economic benefits for the Territory while advancing innovation and skills. The Middle Arm facility will also support heavy industry by providing open-access infrastructure for carbon capture and storage (CCS), helping the Territory contribute to national decarbonisation goals while underpinning economic growth. DMBG will continue to support initiatives that build investor confidence, strengthen local capability, and create lasting economic opportunities across the Territory. “Vopak’s CO₂ terminal at Middle Arm is a positive step forward for the Territory. It drives private investment, creates local jobs, builds workforce skills, and strengthens our strategic role in the Asia-Pacific economy. This project is the type of forward-looking initiative highlighted in the Darwin Major Business Group’s Over the Horizon reports. We also support the Territory Government’s decision to grant an exclusive ‘not-to-deal’ commitment to Vopak, sending a strong signal to investors that the Territory is open for business and committed to growing the energy sector.” — Sam Jeffries, A/Chair, DMBG
September 8, 2025
A delegation of local Territory businesses and peak industry bodies, supported by DefenceNT, are currently in Pearl Harbor to participate in the Indo-Pacific Regional Summit , hosted by the American Society of Military Engineers. The Summit kicked off today and will run up until 10 September. The event focuses on building capability and capacity in the region, much of which will be delivered through the US$15 billion Pacific Deterrence Initiative (PDI) Multi-Award Construction Contract (MACC). This initiative directly aligns with the priorities identified in the DMBG’s AEC Report , which emphasises strengthening defence partnerships, securing investment, and maximising opportunities for Territory businesses. The MACC presents opportunities for direct US investment in the NT, in addition to the United States Force Posture Initiatives (USFPI) infrastructure projects already underway. The Pearl Harbor delegation includes DMBG members Sitzler , DCOH and Dave Malone , as well as Bear Claw , McMahon Services , the Industry Capability Network NT , Chamber of Commerce NT , Master Builders NT , DefenceNT and DefenceNT Strategy Group members from both Australia and the US. Connections made through the NT-led Partnering for Strength workshop, held in the United States earlier this year, resulted in several US firms travelling to Darwin for NT Defence Week. One of these firms, Texas-based SLSCO , has since commenced construction on a US$460 million (AUD$705million) project at RAAF Base Darwin. The Territory’s construction industry is supporting SLSCO to deliver this significant project - the largest single USFPI infrastructure investment to date. Local industry is also securing major contracts, with Sitzler delivering the AU$747 million Training Areas and Ranges Project, and DCOH delivering the AU$389 million Robertson Barracks Base Improvements. Territory businesses have a proven track record of delivering world-class projects and are ready to support the US in delivering its works program.
September 4, 2025
Darwin Major Business Group Ltd (DMBG) is pleased to announce its new Board of Directors, confirmed at the 2025 Annual General Meeting. Our Board brings together leaders from across the Northern Territory’s major industries — construction, resources, retail, hospitality, aquaculture and property — all with a shared commitment to growing the Territory economy. 2025 DMBG Board of Directors Steve Margetic (Chair) – Director, Margetic Sitzler. A long-standing Territory business leader with deep experience in construction and infrastructure. Sam Jeffries (Deputy Chair) – General Manager, CGH CoreStaff. A respected recruitment and workforce industry leader supporting major NT projects. Elysia Billingham – General Manager, Sentinel Property Group – Casuarina Square. Leading one of Darwin’s key retail and commercial precincts. Vicki-Leigh Lettice – Franchisee, VIGR McDonald’s. A Territory business owner contributing to jobs, training, and community investment. Kamal Ali – CEO, Kolsen Group. A Northern Territory-owned company delivering integrated services across facilities, security, and infrastructure. Rob Porter – Executive General Manager, Airport Development Group NT. Driving the Territory’s aviation and logistics gateway through Darwin, Alice Springs, and Tennant Creek airports. Dan Richards – CEO, Humpty Doo Barramundi. Building Australia’s largest barramundi farm and a flagship Territory aquaculture enterprise. Peter Savoff – General Manager, Darwin Convention Centre. Bringing world-class business events to the Top End and supporting Darwin’s visitor economy. Together, this Board will guide DMBG in its mission: driving investment, creating jobs, and strengthening the Northern Territory’s economy. We sincerely thank outgoing Director Michael Sitzler for his service and contribution as Treasurer, particularly through a period of significant growth and major initiatives for the Group.