From www.accountantsdaily.com.au: Newly enforced changes to federal government procurement rules offer preferential treatment to locally-owned small businesses in Australia, enhancing their access to federal contracts.

Businesses with at least 50% Australian ownership and a principal place of business in Australia will receive greater consideration when applying for tenders.

Business NSW welcomed these amendments, citing the need for a more equitable environment for local SMEs amidst competition from international companies.