Australia: New financial year 2019-2020: Procurement

28 June 19: On 5 April 2019, the World Trade Organization (WTO) announced that Australia has ratified the WTO's Agreement on Government Procurement (GPA), becoming the 48th member to join the GPA which became effective on 5 May 2019. By ratifying the GPA, Australia will be provided with numerous opportunities such as access to new government procurement markets. Notably, all Australian businesses, no matter their size will have access to the nation state members which currently sits at 47 members. The Agreement aims to recognise "the need for an effective multilateral framework for government procurement, ..