Michaelia Cash (WA, Liberal Party, Minister for Employment, Skills, Small and Family Business) Share this | Hansard source

The government is also using our role as a procurer of services to support small and family and medium businesses to prosper, thrive and grow, because when they do they create more jobs for Australians. We have clear targets for small and medium enterprises to receive 10 per cent of all government contracts and 35 per cent of contracts valued up to $20 million. The government has exceeded these targets, with over 41,000 contracts valued at $16.7 billion awarded to small and medium enterprises in 2018-19. In addition, as of 1 July this year, the government is committed to paying invoices under $1 million within 20 days and, as the finance minister and I recently announced, as of 1 January 2020, we will start paying e-invoices within five days. That is backing small, family and medium enterprises.