This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

'Australian business' defined by government for federal contracts

( March 6, 2025, 06:07 GMT | Official Statement) -- MLex Summary: A formal "Australian business" definition has been issued to capture organizations seeking to win Commonwealth procurements contracts, the government has announced. In a joint statement today, Australia’s Finance Minister Katy Gallagher and Industry and Science Minister Ed Husic said that defining an Australian business for the purposes of procurement will ensure greater transparency and assist in making businesses more competitive in tendering. The statement said that at least 50 percent Australian ownership is one of the criteria for classifying a business as Australian. The statement added that the government is also releasing an updated guidance on the “Consideration of Broader Economic Benefits in Procurement.”The joint statement by Katy Gallagher, Minister for Finance and Minister for Government Services and Ed Husic, Minister for Industry and Science follow; updated guidance is attached:...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections