Small business ombudsman Kate Carnell calls for prompt payment of government subbies

Summary

Stating that small business subcontractors are vulnerable to delayed payments, the Australian Small Business and Family Enterprise Ombudsman, Kate Carnell has announced she is examining payment terms and conditions for “subbies” working on government projects. “Most government departments pay their invoices within 30 days, but when a prime contractor is appointed to manage a project […]

Tags: Australian Small Business and Family Enterprise Ombudsman, Cashflow, Finance, government project, Kate Carnell, subcontractor