This blog has written a lot about the upcoming economic storm approaching Western Australia as the state comes out the back of the biggest commodity price and mining investment boom in history, along with the likely crashing of dwelling investment as its population growth plummets.
Today, I want to shift attention to Darwin, which is facing a similar set of circumstances and risks similar economic headwinds as Inpex Corporation’s $34 billion Ichthys LNG Project – effectively three mega-projects rolled into one – approaches completion.