Aboriginal businesses in NSW received $92 million in direct Government contracts in 2019-20. This soared to almost $480 million in 2021-22. The NSW Aboriginal Procurement Policy came into effect in January 2021 with the aim for Aboriginal-owned businesses to be awarded at least 3 per cent of the total number of domestic contracts for goods and services issued by NSW Government agencies
Treasurer Matt Kean welcomed the increased volume of contracts with Aboriginal businesses as proof of the collaborative approach taken by the Government with Aboriginal community leaders. “The NSW Government is committed to driving greater partnership and shared decision-making with Aboriginal communities,” Mr Kean said.
Minister for Finance Damien Tudehope said the policy’s success reflected the expertise and quality of the products and services provided by Aboriginal businesses in NSW. “The Aboriginal Procurement Policy had a target of 200 contracts worth a total of $136.7 million for the 2021-22 financial year. We can report there have been 694 contracts worth $479.6 million,” Mr Tudehope said.
For information go to https://buy.nsw.gov.au/policy-library/policies/aboriginal-procurement-policy.