Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Increase To Supplier Diversity Through New Procurement Target For Maori Business

Māori enterprises are in line for greater opportunities to do business with government agencies under an initiative to spread the benefits of the economic recovery.

The Ministers for Māori Development and Economic and Regional Development have announced a new target to encourage public service agencies to cast the net wider when awarding contracts.

“The government spends $42 billion a year on procurement of goods and services. We are looking for more ways to use this buying power to accelerate the economic recovery for Māori businesses,” said Māori Development Minister Willie Jackson.

“This approach will support Māori businesses to participate in our economic recovery as we build back better.

“The new five percent target for public service contracts for Māori businesses is an important step towards a more inclusive and prosperous society. It honours a Labour Election Manifesto commitment to better support whānau Māori enterprise.

“Small and medium businesses face significant challenges as a result of COVID-19. That is exactly why targeting Māori businesses and jobs is a priority for the new government.

“The target will encourage agencies to use their buying power to create social and economic value.

“Indigenous procurement is already successful internationally. In Australia the targets resulted in contracts with Aboriginal and Torres Strait Islander businesses increasing from $6 million to almost $2 billion in just four years,” Mr Jackson says.

“The Government moved quickly at the start of the pandemic to provide economic stimulus and support to small businesses through direct financial assistance such as the wage subsidy and interest-free loans,” Stuart Nash says.

“This new target for government procurement will further improve cash flow to Māori businesses. It also helps diversify the customer base for Māori businesses and build more resilience into Māori economic activity.

“By accessing more of the government’s annual procurement spend, Māori business owners and staff will benefit from greater training and employment opportunities, economic resilience and business growth.

“Māori businesses have a strong presence in the primary sector and tourism, in accommodation and the food industry, the retail sector and in the trades. This policy has the potential to further assist with kick-starting of economic activity into other sectors,” Mr Nash said.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On How Women Are Suffering The Most From The Covid Economic Recession

Both here and abroad, the Covid-19 economic recession has been disastrous for women workers and their families. In November, young women below 30 in particular were feeling the consequences:

Of concern is the sustained deterioration in youth employment, particularly for females, with a -4.3% pa drop in filled jobs for females aged below 30, and a 3.9%pa drop for males aged below 30....More>>


New Zealand Government: Cook Islanders To Resume Travel To New Zealand

The Prime Minister of New Zealand Jacinda Ardern and the Prime Minister of the Cook Islands Mark Brown have announced passengers from the Cook Islands can resume quarantine-free travel into New Zealand from 21 January, enabling access to essential services such ... More>>


A New Year: No politicians at Rātana in 2021

Annual celebrations at Rātana pā will be different this year, amid a decision to hold an internal hui for church adherents only… More>>


Covid: Border Exception for 1000 International Students

The Government has approved an exception class for 1000 international tertiary students, degree level and above, who began their study in New Zealand but were caught offshore when border restrictions began....More>>





InfoPages News Channels