Billion-dollar promise to fix crime woes in Top End

NT Treasurer Bill Yan says the budget will tackle crime rates and help fix Labor's "mismanagement". (David Hancock/AAP PHOTOS)

A record $1.5 billion law and order spend will ensure a territory has more prison beds as tough bail laws come into effect.

Delivering his Country Liberal Party's first budget for the Northern Territory, Treasurer Bill Yan slammed the previous Labor government for years of economic mismanagement and failing to tackle growing crime rates.