NT to lose $1m a week from Inpex job cuts
The Northern Territory's struggling economy will reportedly lose up to $1 million a week, after more than 800 staff from the $36 billion Inpex gas project in Darwin were stood down over a contract dispute.
The Darwin rental market is tipped to feel the first negative economic impact.
Local workers have been told to go home and fly-in-fly-out employees will be put on the next plane out.
Construction group Laing O'Rourke has halted work following a dispute with its consortium partner Kawasaki Heavy Industries, but principal contractor JKC Australia says it's confident they'll resolve the issue.
Labor leader Bill Shorten says it's a sad state of affairs when blue-collar tradies were sent home because of a contractual dispute.