Overview
The Australian Government has awarded 619 contracts worth $1.67B in the Banking and Investment procurement category (UNSPSC family 8410), spanning 19 years (2008–2026). This spending covers 279 distinct suppliers and 45 government agencies. The largest buyer is Australian Taxation Office, and the most-awarded supplier is SERCO GLOBAL SERVICES PTY LTD. Year-over-year spending has decreased by 49%. There are currently 6 contracts worth $69.1M expiring within the next 12 months, representing potential recompete opportunities.
Key Metrics
Annual Spending
Government spend on Banking and Investment over time. Hover bars for details.
Top 10 Suppliers
Largest suppliers in Banking and Investment by total contract value awarded.
| # | Supplier | Contracts | Value | Share |
|---|---|---|---|---|
| 1 | SERCO GLOBAL SERVICES PTY LTD | 1 | $314.8M | 18.8% |
| 2 | THE TRUST COMPANY (AUSTRALIA) LIMITED | 1 | $275.0M | 16.5% |
| 3 | RECOVERIES CORPORATION PTY LTD | 24 | $121.7M | 7.3% |
| 4 | PROBE GROUP PTY LTD | 9 | $103.5M | 6.2% |
| 5 | Recoveries Corporation Pty Ltd | 8 | $61.3M | 3.7% |
| 6 | Commonwealth Bank of Australia | 17 | $45.8M | 2.7% |
| 7 | TETRA TECH INTERNATIONAL DEVELOPMENT | 3 | $44.2M | 2.6% |
| 8 | UBS AG | 14 | $38.3M | 2.3% |
| 9 | Westpac Banking Corporation | 15 | $34.1M | 2.0% |
| 10 | Australia and New Zealand Banking Group Limited | 10 | $31.8M | 1.9% |
Top 10 Agencies
Government agencies with the most spending in Banking and Investment.
| # | Agency | Contracts | Value |
|---|---|---|---|
| 1 | Australian Taxation Office | 90 | $663.4M |
| 2 | Australian Office of Financial Management | 173 | $406.1M |
| 3 | Department of Foreign Affairs and Trade - Australian Aid Program | 114 | $350.4M |
| 4 | Services Australia | 38 | $194.3M |
| 5 | Department of Foreign Affairs and Trade | 6 | $17.1M |
| 6 | Department of Finance | 16 | $7.8M |
| 7 | Department of Defence | 31 | $5.7M |
| 8 | Department of Industry, Science and Resources | 9 | $5.5M |
| 9 | Department of Home Affairs | 2 | $4.2M |
| 10 | Bureau of Meteorology | 5 | $3.4M |
Parent Category
Financial & Insurance UNSPSC Segment 84 · 10,941 contracts · $8.08B · 2,293 suppliersTrack Banking and Investment procurement
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Search all contracts · Browse all suppliers · Browse all agencies · Procurement map · Financial & Insurance overview · SERCO GLOBAL SERVICES PTY LTD · Australian Taxation Office · Insurance Services