Almost 97 per cent of Tasmanian Government contracts valued over $50,000 were awarded to Tasmanian businesses during the March quarter.
This equates to $110.5 million over the March 2026 quarter for contracts valued over $50,000, or $733.7 million over the year to date.
The total of all contracts for the year, as at the March 2026, is $1.062 billion.
Treasurer Eric Abetz said the 2030 Strong Plan for Tasmania's Future delivers a Buy Local Policy that is kicking goals for local businesses.
"Our Buy Local Policy is about ensuring Tasmanian businesses are able to tender, undertake and complete Government work," the Treasurer said.
"We are keeping our economy strong and supporting local jobs through our Buy Local Policy.
"During the March quarter, 96.6 per cent of contracts awarded by the Tasmanian Government worth over $50,000 were awarded to businesses in Tasmania.
"This has delivered $110.5 million of work for Tasmanian businesses, building our State and supporting local jobs.
"Over the year to date, the most recent figures show $733.7 million was awarded to Tasmanian businesses.
"A great example is Crisp Bros & Haywards which received a contract to supply the steel needed for the Macquarie Point Multipurpose Stadium's roof test rig."
To increase transparency around the Buy Local Policy, the Tasmanian Government is enhancing the quarterly procurement statistics.
"We want even greater transparency on this to ensure Tasmanians know where their money is being invested," the Treasurer said.
"This work has begun, and it is pleasing today to be able to talk to the real impact that it is already making."
This will build on previous improvements to the Buy Local Policy which came into effect on 1 January 2026 which sought to improve clarity and transparency, simplify the language around existing requirements to achieve an even greater uptake of local businesses.
When paired with additional improvements like single form tendering, the Buy Local Policy is producing great outcomes for local businesses.
