
Minister for Finance, Senator Katy Gallagher at the National Press Club in Canberra, Australia on March 7, 2024. AAP Image/Mick Tsikas
Australian businesses will soon be given priority access to nearly $100 billion (US$65 billion) worth of annual government contracts under new procurement reforms set to begin next month.
From Nov. 17, only Australian companies will be invited to tender for non-construction contracts valued below $125,000, and for construction contracts worth under $7.5 million.
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