ANNOUNCEMENT 04 Apr 2011
The Australian regional government of Queensland announced the approval of the Queensland Industry Participation Policy Act 2011.
NUMBER OF INTERVENTIONS
Parliament of Queensland. Queensland Industry Participation Policy Act 2011. Act No. 5 of 2011. Available at: https://www.parliament.qld.gov.au/documents/TableOffice/ActsAsPassed/2011/11AC005.pdf
Department of State Development, Manufacturing, Infrastructure and Planning. Queensland Charter for Local Content. Available at: https://www.statedevelopment.qld.gov.au/resources/policy/queensland-charter-for-local-content.pdf
Australian Government. Department of Industry, Innovation and Science. Australian Industry Participation. Available at: https://industry.gov.au/industry/IndustryInitiatives/AustralianIndustryParticipation/Pages/default.aspx
On 4 April 2011, the regional Parliament of Queensland has adopted the Queensland Industry Participation Policy Act 2011 setting the guideline to ensure that all public procurement boost local business and jobs. To achieve this objective, the framework establishes that public procurement contracts must maximise local employment and business growth ensuring the participation of the local industry, drive for technology transfer and promote the international competitiveness of the regional industry.
The new act is the result of the Australian Industry Participation (AIP) policy, the federal scheme that states that all programs enclosed in this policy must encourage the participation of Australian companies in major public and private projects carried in the country (please, see related state acts).
In the subnational context, this policy has translated into the creation of regional frameworks that seek to boost local participation in public procurement.
The main consequence of the Queensland Industry Participation Policy Act 2011 has been the creation of the "Queensland CHarter for Local Content" that states that all procurement projects where the contributions of the government of Queensland is AUS 5 million or greater than AUD 2.5 million in regional Queensland are subject to minimum Local Content Requirements.