The Northern Territory Major Events Company (NTMEC) will receive an additional $27.9 million to deliver more events across the territory.
The funding is part of $86.4 million set aside for the tourism sector in the NT’s latest Budget.
The NTMEC’s extra funding will be divided among six festivals and events including Parrtjima – A Festival of Light in Alice Springs, Darwin Festival, BASSINTHEGRASS, Darwin Supercars and Red CentreNATS. Community events and festivals will also get a further $2.7 million.
“BASSINTHEGRASS has long been a rite of passage for Territorians, and now it is becoming the same for interstaters, having firmly earned its spot on the national music festival calendar,” said Tourism Minister Natasha Fyles.
“This means more and more people visiting the Territory to attend BASSINTHEGRASS, with huge benefits for the local tourism and hospitality industries in particular. But of course, those benefits trickle right down through our economy, with associated industries also reaping the rewards.”
Northern Territory Major Events Company research showed that eight of its events during the 2020-21 financial year raised an economic stimulus of $109.8 million for the NT, of which $64.9 million was new money.
“Over the years Parrtjima has continued to develop and grow, offering more and more reasons for people to visit the Red Centre from all corners of Australia,” NTMEC CEO Tim Watsford said.