The chief ministership of Lia Finocchiaro began on 28 August 2024 when she was sworn-in by Administrator Hugh Heggie as the Chief Minister of the Northern Territory alongside Gerard Maley as Deputy Chief Minister. Finocchiaro's Country Liberal Party (CLP) won a landslide victory at the 2024 Northern Territory general election, being elected in 17 of the 25 seats in the Northern Territory Parliament. The main opposition party, Territory Labor was reduced to 4 seats, while Labor leader and former Chief Minister Eva Lawler lost her seat. The margin of the CLP's victory was not reflected in polling prior to the election, which pundits had predicted would be a close race.
A full 9 member cabinet was announced on 9 September 2024.