Source: Norton Rose
The Federal Government spent around $42.6 billion procuring goods and services in the 2009-2010 financial year, up around $10 billion from its spend in 2008-2009, legal firm Norton Rose has reported.
The spend makes the Commonwealth one of the largest purchasers in Australia and highlights a dramatic increase in Commonwealth procurement over the last few years.
The Commonwealth spent just under $33 billion in the 2008-2009 financial year and approximately $26.3 billion in 2007-2008.
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