Supply Nation continues to grow in all sectors
Supply Nation has released its annual report stating 2024-2025 was a transformational year for the organisation, marked by new initiatives to strengthen governance, people and culture.
“These initiatives enable us to better support Supply Nation suppliers and members and deliver outcomes that grow the Indigenous business sector and amplify its positive economic and social impact,” Chief Executive Kate Russell said in her report statement, adding growth has been seen in all areas.
Supply Nation’s Registered and Certified Supplier database has continued to grow strongly, surpassing 6,000 businesses listed on the national directory, Indigenous Business Direct,” Ms Russell wrote.
Chief Executive Kate Russell said growth has been seen in all areas.
And corporate, government and not-for-profit membership has also increased.
“A strong indication that our members continue to prioritise supplier diversity and commercial collaboration with Indigenous-owned businesses,” she added.
“The Supply Nation leadership team, in consultation with the Board, strengthened organisational governance by implementing policies and procedures designed to support our people, guide transparent decision-making and ensure compliance across the organisation.
“Our employee information systems were enhanced … and We also commenced targeted leadership capability improvements, including formal and informal development opportunities for leaders and managers.
“Supply Nation’s Indigenous business engagement function has been invaluable in connecting us with our expanding supplier base. This growing team is our eyes and ears on the ground, ensuring that communication and feedback between us and our Indigenous entrepreneurs is built into our daily processes.”
Procurement increase
In 2024–25, Supply Nation completed 1,267 new supplier approvals, including 1,139 new registrations, 128 certifications and 6,881 audits.
And its flagship event, Connect 2024 facilitated tangible opportunities for more than 270 suppliers. Connect 2025 will be covered in next year’s report and Connect 2026 is to be held in Perth in August.
In 2024–25, procurement with Indigenous businesses increased to $5.8 billion, up from $4.6 billion in 2023–24.
Leading spend sectors were inMining, Government and Construction.
Good export numbers
The number of Supply Nation suppliers who exported to overseas markets grew by 18 per cent to 448, up from 379 the previous year.
The organisation reported a total income of $2,150, 775 and total accumulated funds of over $10 million, with a balance for the year ending June 2025 of $10,690,428.
Download the full report here:
https://supplynation.org.au/wp-content/uploads/2026/01/Supply-Nation-Annual-Report-2025.pdf
