NSW government reforms procurement to prioritize local jobs and support manufacturing.

The New South Wales (NSW) government is reforming its procurement processes to prioritize local jobs, aiming to support its manufacturing sector. By adopting all nine recommendations from a recent inquiry, the government plans to make contract bidding fairer and enhance value for taxpayers by including job creation in its definition of "value for money." Barriers for small and medium businesses will be eliminated, leveraging the state's $42 billion annual spend to benefit local suppliers.

September 20, 2024
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