Intermedium says Finite achieved 'significant growth' in federal government labour hire, with business in the sector up 140 percent year on year. The report confirms that a total of 6,581 labour hire contracts were reported in AusTender - the Australian Government's central tender system - during 2010-11, with a combined value of $864.5 million. In comparison with 2009-10, there was a decrease in value of one percent and a decrease of two percent in the number of contracts.
Finite IT's managing director, Tracy Thomson, said that last year the company grew contract values by 44 percent and was ranked in ninth position with a three percent market share.
'The expanded Canberra team, combined with a successful local acquisition in 2010, has greatly assisted our significant growth in the ACT Federal Government market. We are also making steady progress winning further Federal Government business around the country, which is very encouraging.'