The New South Wales government has raised the threshold for agencies to procure directly from smaller businesses as it seeks more fundamental changes to the current devolved procurement model to revive domestic manufacturing.
On Sunday, the Premier Chris Minns announced a government direction has been signed to increase the level at which government departments and agencies to purchase goods and services directly from small and medium businesses from $150,000 to $250,000.
Agencies have until the end of the year to implement the change.
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