payment times

payment times Archives

Accounts payable

What the Payment Times Report means for small businesses

This first Payment Times Report marks an important milestone in the long, drawn-out saga of getting big companies to pay...

Small businesses sales hit six-month high in pre-Christmas rush

The rise in the Index was driven by a surge in small-business sales on the back of easing restrictions and customers sho...

More work needed to level playing field between winemakers and grape growers: ACCC

"The wine grape industry has made important progress...but we [ACCC] believe more work is needed to improve price transp...

Summit to advocate for a fairer payment system for small businesses

The summit will look at the current payments climate in Australia, the impact of recent government reviews, and what nee...

10 finance tips for new small-business owners

Once your business is up and running, you’ll want to have a clear idea of its performance so that you can continue to ma...
paid, excuse, payment times

Over 300,000 small businesses on the brink due to unpaid invoices

There is a real taboo among small businesses with regards to debt collection and as a result, too many companies leave i...

Late payments remain a major headache for small businesses and sole traders

Despite the benefits it offers in dealing with payment delays, e-invoicing is relatively unknown and not yet widely adop...
Ombudsman, subcontractors

New law ensures faster payment times for small-business subcontractors

The Payment Times Procurement Connected Policy stipulates that businesses with government contracts must ensure their SM...

Cashflow crisis affecting even “healthy” SMEs

The cashflow crunch is stifling the growth ambitions of SMEs as it is making them reluctant to take on bigger contracts.
late payments

How to minimise late payments and help your cashflow

With SMEs generating about one-third of private-sector GDP, it is critical the supplier-vendor payment cycle is as smoot...