Why you should take part in the public surplus auctions
- by admin
With the public sector expected to see $2.7 trillion in revenue in 2019, governments are keen to auction off unused government assets to the highest bidder.
The auctions have long been controversial, however, with concerns raised that the auctions would have a detrimental effect on the environment, health, and public finances.
The auction process is an opportunity to save money for the government, however it can also have the potential to create a huge amount of waste that is detrimental to the environment.
In the coming months, we will be following the auction process and will be taking part in them to understand the impact of the auctions and their impacts on the economy.
In the coming days, we hope to report on the state of public procurement in Australia, including the impact on the private sector.
We would like to thank the Australian Government for its efforts to reduce the costs of administering the public procurement process, which is why we are taking part.
With the public sector expected to see $2.7 trillion in revenue in 2019, governments are keen to auction off unused…