Indigenous Procurement Policy

On 1 July 2015, the Federal Government of Australia implemented a new procurement policy across all its agencies, called the Indigenous Procurement Policy (IPP).

The IPP was created as part of the targets detailed within the Federal Government's report on Closing the Gap between Indigenous and non-Indigenous Australians. The IPP itself is a mandatory-connect policy under the legislative instrument of Commonwealth Procurement Rules (source: National Indigenous Australians Agency), which will provide access to Federal Government works outside of a competitive bidding process.

Ultimately, the key aim of the IPP is to close the gap by empowering Indigenous businesses, thus bringing employment and economic benefits to wider Indigenous communities. Notably, Indigenous businesses are over 100 times more likely to hire Indigenous workers than non-Indigenous businesses (source: Supply Nation, First Australians Capital).