Small businesses in Australia account for only 11% of the $75 billion procurement value in 2022-23, facing barriers in procurement rules and processes.
Small businesses in Australia struggle to compete for government contracts, accounting for only 11% of the $75 billion procurement value in 2022-23. Despite making up 97% of all businesses, small suppliers face barriers in procurement rules and processes. The Australian government is encouraged to improve these areas, as small businesses express feelings of exclusion from tendering opportunities.
May 26, 2024
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