NT: NT economy outgrows boom-bust: Martin
By Rod McGuirk
DARWIN, Jan 21 AAP - Strong economic growth predicted for the Northern Territory indicatedthe economy had outgrown the boom-bust cycle, Chief Minister Clare Martin said today.
Economic forecaster Access Economics predicted the NT economy will lead Australia overthe next five years, growing at 4.6 per cent a year compared with a national average of2.9 per cent.
The strength is largely due to construction of the $1.3 billion Alice Springs-Darwinrailway which is due for completion in early 2004.
Ms Martin said the report should instil business confidence in the territory's …
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