The NSW government is considering changes to its procurement rules to encourage its agencies to use local start-ups, a move that could provide selected small businesses with a big revenue lift while also tackling an entrenched attitude in the bureaucracy that bigger is best when comes to choosing suppliers.
NSW parliamentary secretary Gabrielle Upton: "We could create a requirement that each agency spends a certain percentage with small business or start-ups." Cole Bennetts
Loading...
James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
