Darwin Major Business Group

The Darwin Major Business Group has released the full keynote address delivered by DMBG Chair, Steve Margetic, at the Group’s third annual economic event. The address was delivered to 180 Territory business leaders and strategic thinkers from across the private sector and government. In the address, Mr Margetic issued a clear and direct call to action, stating the Northern Territory is at a “fork in the road” and “2026 must be the year when everyone leans in and gets involved. No arms crossed, sitting back in indulgence, no finger pointing. We have to move from ‘hope’ to momentum. Where real things get done – and get done at pace. This is not a one-person job; it's everyone’s.” Read the full keynote address below.

Darwin Major Business Group is proud to announce the release of the third AEC Economic Analysis Report today. The Over the Horizons Opportunities report, prepared by independent economic consultants AEC Group, provides a deep dive into the Territory economy, examining the NT’s performance across a wide range of economic indicators to offer valuable insights into the challenges and opportunities for the community. DMBG Chair, Steve Margetic said Darwin Major Business Group exists for one reason: economic growth in the Northern Territory. Therefore, the Group is committed to sponsoring this important analysis that supports the achievement of this goal. “The Territory is beginning to turn the corner. Population, employment and housing investment are all strengthening after a challenging period,” Mr Margetic said. “But the next phase is very important. The Territory has a window of opportunity to accelerate growth right across the economy, by backing in and expanding our private sector.” AEC Group CEO Ashley Page indicated economic growth is not an abstract concept. “Economic growth determines the government’s ability to fund hospitals, schools, roads and essential services, “ Mr Page said. “It influences wages, job opportunities and the ability of young people to build futures.” “Without sustained growth, the Territory will struggle to reduce debt, attract investment and retain its workforce.” “Seizing this moment will determine whether the NT will build a stronger, more resilient and sustainable future.” To view the 2026 AEC report and the DMBG's response, ‘What the Territory Needs, ’ click here .