Tag · 2 stories
#Payment Times
Locked ◆
Small Business Ombudsman unveils register promoting best practice in B2B payments
Businesses are being encouraged to promote their commitment to good payment time practices by signing up to the National Payment Transparency Register, established this week by the Australia Small Business and Family Enterprise Ombudsman (ASBFEO). The Ombudsman, Kate Carnell, first called for a national register in her report into payment times and practices, published in […]
James Harkness · 2 min
Cashflow ◆
The Federal Government commits to paying small businesses ten days sooner by July 2019
The Federal Government will begin paying small business suppliers ten calendar days sooner to improve their cashflow, it has been announced. Under the Government’s revised ‘pay on time’ policy, Small Business Minister Michael McCormack said federal agencies and entities will be required to pay invoices for contracts worth up to $1 million within 20 calendar […]
James Harkness · 2 min