Modelling the Norfolk Island Government's financial position

Local government Australia Norfolk Island

The Norfold Island Government is expected to achieve a net positive cash flow position in each year over the next five years according to this report conducted by Econotech. However, this net cash flow is not expected to be high enough to cover Norfolk Island’s ongoing investment needs. It is estimated that, with no change to policy, there will be an average annual budget hole of about $1.6 million over this period.

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