Businesses feeling pressure of crisis with late payments

Summary

Australians businesses are feeling the pressure of the global economic downturn, with payment terms rising to 57.6 days, according to Dun & Bradstreet’s (D&B’s) latest quarterly trade payment analysis. The figures reveal a five day increase in terms since September 2007, taking business-to-business payment terms (all industries) to almost double the standard term. D&B CEO […]