Australian Indigenous Procurement Policy races ahead on the back of early success

Australia brings forward indigenous procurement target

The Australian government has announced a target to award 3% of domestic goods and services contracts to indigenous-owned firms this year.

The Indigenous Procurement Policy, which started in June 2015, initially targeted awarding 0.5% of domestic contracts to indigenous suppliers in 2015-16, based on statistics which showed the Commonwealth procured only $6.2m from such businesses in 2012-13.

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Australia brings forward indigenous procurement target

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