Why do we need the scheme

The scheme’s objective is to stimulate economic activity in the Northern Territory, generating capital works that use and support local businesses.

Property owners have told us that without a long lease term, financial institutions are less inclined to lend money for upgrades to their buildings.

This scheme will help eligible building owners invest in their buildings. This is good for the economy and a great way to stimulate the construction sector.

Last updated: 08 March 2019

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