Skip to content
Building Construction, Defence

Securing the North: Australia-US multibillion-dollar defence partnership

Master Builders Northern Territory < 1 mins read

The Australian and US Defence Departments will spend over $6 billion in the Northern Territory, creating a surge in economic growth and jobs in the Northern Territory, according to a new independent report.

Chief Executive of Master Builders Northern Territory Ben Carter said, “This is a multibillion-dollar partnership between the Australian and US Defence Departments and the construction sector. It’s going to create a surge in jobs, opportunities for thousands of businesses and other economy-wide benefits that will extend across the whole Top End.”  

Billion Dollar Partnership, the report produced by ACIL Allen and commissioned by Master Builders NT shows that $6.23 billion will be invested in the Territory by the Australian and US military over the next five years resulting in 7,500 extra jobs and boosting economic growth in the NT by nearly five per cent.

Billion Dollar Partnership models the economic impact of 25 defence projects in the Territory with data provided by the Department of Defence as part of its continuing partnership with Master Builders NT.

“The report also confirms the capacity of the construction sector in the Top End to deliver these projects,” Mr Carter said.

The report highlights the progress that the Federal Government and the Department of Defence are making in response to the Defence Strategic Review (DSR).

“The DSR amplified the vital strategic importance of northern Australia and strengthening and expanding bases and facilities in the Northern Territory. It’s great news that such substantial progress is being made toward the achievement of that objective,” Ben Carter said.

You can read the report here

Media contact:

Ben Carter, Chief Executive, Master Builders NT

0447 775 507 | ben.carter@mbant.com.au   

Media

More from this category

  • Building Construction, Industrial Relations
  • 14/06/2024
  • 06:15
AWU

Court Hearing for Sibelco Silicosis Cases

The Australian Workers Union stands in solidarity with three of its members, Kevin Weekes, Craig Robertson, and Alan Jenkins, as their cases against former employer Sibelco are heard in Wonthaggi court today (14th of June 2024). These men, among many others, have been diagnosed with silicosis, a debilitating lung disease caused by prolonged exposure to silica dust in their workplaces. Call for Action and Legal Support The stories of Kevin, Craig, and Alan highlight the urgent need for stronger safety regulations and comprehensive support for workers affected by silicosis. Their struggle for justice represents a broader call to action for…

  • Building Construction, Business Company News
  • 13/06/2024
  • 14:15
CIMIC Group

CIMIC’s Leighton Asia secures data centre project in India

CIMIC Group company Leighton Asia has been selected by a multinational technology corporation to fit out a data centre in Hyderabad, India. This project…

  • Contains:
  • Defence, Veterans Affairs
  • 13/06/2024
  • 12:40
Department of Veterans' Affairs

Media Release – Minister Keogh and Senator Urquhart – Expanding Services for Veterans and Their Families in Tasmania

OFFICIAL THE HON MATT KEOGH MP Minister for VETERANS’ AFFAIRS MINISTER FOR DEFENCE PERSONNEL SENATOR ANNE URQUHART SENATOR FOR TASMANIA MEDIA RELEASE 13 June 2024 EXPANDING SERVICES FOR VETERANS AND THEIR FAMILIES IN TASMANIA Veterans and families in Tasmania’s north west will now have better access to services and support following the opening of the Burnie Veterans’ and Families’ Centre. Established by the North West Tasmanian Veteran Welfare Board, this specialised Hub will provide a range of services with a particular focus on health and wellness support, facilitated by general practitioners on site. The Hub will also take its services…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.