Tag: Cashflow Issues

Late payment is becoming an epidemic that is threatening the future of many small and medium sized organisations Australia wide. Australia often sees itself as an egalitarian society, the land of the fair go – well where is the fairness in not paying supplier invoices in a timely manner!

Cashflow shortages, interest rates hikes and increasing global economic concerns are all threatening the livelihood of local SMBs, a new survey has found.

Business failures rose 25 percent for the three months to June to reach their highest rate in 12 months, according to the latest Dun and Bradstreet (D&B) figures.