Plan to Fix Budget: Pay freeze implemented

TerritoryPoliticians and Public Sector Executives have now received formal notificationof their immediate three-year pay freeze.

The freeze willsave $25million over three years.

Its one of morethan 70 measures being implemented by the Territory Labor Government as part ofAprils plan to fix the budget and return to surplus in 2027/28.

While toughdecisions like the pay freeze have been made, the plan protects front-lineworkers like teachers, nurses and police and will include important reforms tomaximise private investment and create local jobs.

It will ensureGovernment can continue investing in local jobs, generational change andtackling crime.

Quotefrom Treasurer Nicole Manison:

“We have aplan to fix the budget so we can keep investing in local jobs. We are doingwhat we said we would do.

We had to takeaction after being left with an $876milliondeficit by the former CLP Government, inheriting a declining economy post theINPEX construction phase, and having over $500million cut from our GST by theFederal Government.

Unlike the CLPwho cut teacher jobs, cut the Arafura games, cut funding for youth justice andincreased power prices 30%, we are ensuring that it is the politicians andexecutives who do the heavy lifting to fix the budget.

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