Business and Industry Policies
The Western Australian Government is committed to working with industry and the general community to improve the prosperity and quality of life of all West Australians.
Countertrade Policy
Countertrade is an umbrella term for a range of commercial mechanisms covering reciprocal trade. These are designed to deliver economic benefits to the importing country, such as the export of goods and services, technology transfer and inward investment.
A government agency intending to purchase goods, services or works where the imported content exceeds or is likely to exceed $5 million in value must invite potential suppliers to submit countertrade proposals to enhance their bids, and must consider these proposals in the value for money assessment of bids.
To address this, government agencies should insert the following clause in their request for tender documentation:
"The Government of Western Australia has a countertrade policy which applies to contracts where the tendered price includes imported components with an estimated value in excess of AUD $5 million. Tenderers are therefore invited to enhance their offers by indicating a willingness to enter into a countertrade agreement should their offer be successful. Commitment to this will form a part of the overall tender evaluation."
The Department of Industry and Resources must be consulted in the assessment of bids that involve countertrade issues.
Industry Policy - Building Future Prosperity
The Western Australian Government recognises that it has a pivotal role in the State’s development and believes that the State’s prosperity and growth will be enhanced through a clear statement on its industry policy.
This Statement - Building Future Prosperity: Creating Jobs and Wealth through Industry Development outlines the Government’s approach to industry development in Western Australia.
More than ever before, industry needs to be innovative, competitive, sustainable and supported by strong leadership and clear strategies from the State Government.
The Government also recognises that while the resource and primary industries will continue to play a dominant role in the Western Australian economy well into the future, the challenge is to build a more diversified economy with growing capabilities in areas that will thrive in the global knowledge economy.
