The regulatory environment
The regulatory environment of the Northern Territory promotes business growth, safe environmental practices and the continued development of a skilled workforce.
The Northern Territory has:
no land taxes
the lowest payroll tax
fast tracked business operation approvals
lowest developer contributions fees in Australia
defined planning and environmental processes
no fire service levy.
Red tape reduction
The Northern Territory Government has a Regulation Impact Statement Committee that reviews new policies as well as changes to existing policies to ensure that they make doing business with government easier.
The framework for this committee is from the Office of Best Practice Regulation.