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Small and medium enterprises

PM&C recognises the importance of ensuring that small businesses are paid on time. The results of the Survey of Australian Government Payments to Small Business are available on the Treasury’s website.

PM&C supported small business participation in the Commonwealth Government procurement market. Small and medium enterprise (SME) and small enterprise participation statistics are available on the Department of Finance website (www.finance.gov.au/procurement/statistics-on-commonwealth-purchasing-contracts).

PM&C’s procurement practices supported SMEs by adopting whole-of-government solutions to simplify interactions with SMEs.

This includes:

  • using the Commonwealth Contracting Suite for low-risk procurements valued under $200,000
  • implementing the Indigenous Procurement Policy, noting that many Indigenous businesses are also SMEs
  • using the Australian Industry Participation policies and programs to encourage SME engagement opportunities
  • using credit cards for procurements valued below $10,000
  • complying with the Government's Supplier Pay on Time or Pay Interest Policy.