What will be the Future of the Indigenous Procurement Policy under the Turnbull Government?

Sep 15
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A couple of weeks into Malcolm Turnbull’s leadership and demands are high on the new Prime Minister to respond to queries about what reforms and policies will be changed or eliminated under his leadership.

It is yet to be seen how Turnbull’s leadership will impact a number of these areas, including Indigenous affairs, with the portfolio remaining unchanged following the initial cabinet overhaul.  Following Tony Abbott’s focus on engaging with Indigenous issues and strengthening support and reform in this area, Turnbull is under significant pressure to indicate whether he will extend upon Tony Abbott’s efforts in this regard.

Warren Mundine, chairman of the Indigenous Advisory Council has stated an eagerness to continue working with the government under the new leadership, stating “Malcolm Turnbull is very much about the economy, about improving peoples’ socio-economic standing and so on. They’re the things we want to see in the Indigenous space.”

Among the top priorities for the Advisory Council is to see the continuance of the Indigenous Procurement Policy implemented at the beginning of July this year. “There’s no doubt the Indigenous procurement policy will continue because that is going to be a major change,” said Mundine. “We’re looking at, by 2020, the potential of $1.2 billion going into Aboriginal communities annually. That is going to make a massive difference to our communities.”

The Indigenous procurement policy sees a compulsory percentage of federal contracting to be awarded to Indigenous businesses, with raising percentages escalating to 3% by 2020. Criterion’s upcoming Implementing Indigenous Procurement Policy Conference offers procurement leaders the opportunity to come together to discuss how the policy will impact their procurement strategy. Book your place by October 2nd to save $200.

Indigenous Procurement Policy

Submitted by Criterion Content Team

Criterion Content Team

This post has been written by the Criterion Conferences Content Team. Based in Sydney, we are an independent research organisation, producing over 90 conferences a year across a variety of industries. Our events, attended by thousands of senior delegates from the public and private sector, are designed to enrich, inspire and motivate. Our focus is on providing innovative, value adding content via our conferences and blogs like this are extension of that principle. You can view our conferences by visiting our website http://www.criterionconferences.com/conferences.

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