Prioritisation Framework
The Prioritisation Framework (the Framework) is used to guide which activities Austrade funds and supports, based on an assessment of the impact of the activities and value-for-money.
There are 5 criteria in the Framework:
1. Size and economic importance of the sector
Larger sectors would receive relatively more funding than smaller sectors, all other things being equal.
2. Extent of impact from global trade change
Sectors that have been more significantly affected by higher tariffs or other trade restrictions would receive relatively more funding, all other things being equal.
3. Opportunity to diversify and build resilience
Sectors that have a greater potential to successfully build new markets, or strengthen resilience in existing markets, would receive relatively more funding, all other things being equal.
4. Capacity to successfully deliver through Austrade or relevant peak body
Funding would be prioritised to activities where Austrade or the relevant peak body has a previously demonstrated capacity to successfully deliver export diversification and market expansion activities.
5. Impact and value for money
Sectors where government assistance is anticipated to have a larger proportionate impact on the diversification of exports, including by leveraging co-investment from industry, would receive relatively more funding, all other things being equal.
Procurement approach
Austrade procures a range of services under the ANMI program to support exporters diversify and grow into new markets. In some cases, Austrade may procure individual services directly from providers (e.g. equipment rental). In other instances, Austrade may procure an organisation to deliver an entire event for the benefit of Australian exporters.
The services procured through ANMI typically fall into three broad categories:
- Trade show facilitation to help Australian exporters connect with overseas buyers.
- Market research to support exporters in identifying opportunities and making informed decisions about new markets.
- Inbound missions that bring international buyers to Australia to meet exporters and explore commercial opportunities.
In all its procurements, Austrade complies with the Commonwealth Procurement Rules, and its objectives of ensuring that procurement is:
- focused on value for money
- ethical, efficient, effective and economical
- transparent and accountable
- supportive of broader government objectives.
All contracts that Austrade awards greater than or equal to $10,000 are published on AusTender.