'Raising the bar': Big businesses pledge $3 billion to help Indigenous companies grow

  • 📰 SBSNews
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 89%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The Business Council of Australia is launching a new program which pledges to buy $3 billion in supplies from Indigenous companies.

"We're already working to foster entrepreneurship, economic partnership and building lasting links with Indigenous suppliers, and this is a chance to do even more," Ms Westacott said in a statement on Monday.

She said Business Council member companies were already some of the biggest employers of Indigenous Australians at more than 20,000 people."Business has a pivotal role in ending the economic exclusion that deprives some communities of the opportunities that only economic growth can provide," she saidSupply Nation chief executive Laura Berry said the initiative would provide a strong framework and accountability to further build and grow Indigenous businesses.

"Time invested working with Indigenous suppliers will help the sector scale effectively and multiply the overall capability and capacity gain." The new initiative will be launched by Federal Minister for Indigenous Australians Ken Wyatt in Perth today.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That's superb. Now how about Govt stopping China etc made aboriginal art from entering the Australian Market.

Australia Australia Latest News, Australia Australia Headlines