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Invoice payment times double as manufacturing undergoes cashflow crunch
On top of inflation and global supply chain issues, businesses in the manufacturing sector are struggling due to late pa...
NSW’s faster payments program helps small businesses get paid promptly
NSW's initiative aims to ensure that there is more money for small-business owners sooner, allowing them to invest in th...
Big businesses urged to cut their payment times to small-business suppliers
Big businesses in the manufacturing, construction and retail trade sectors recorded the worst performance in paying thei...
Large businesses commit to working on ensuring quicker payments to their SME suppliers
About 40 per cent of the requests for assistance that come into the ASBFEO's office relate to payment times.
ASBFEO ‘appalled’ by latest payment times figures
According to the data reported to the regulator, the worst performers were big businesses in manufacturing, retail trade...
Aussie small businesses record highest wage growth in over five years
The latest Xero Small Business Index revealed that wages rose 4.6 per cent y/y in September, the largest increase since ...
How to tackle late invoices
Chasing unpaid invoices, whilst a chore, is important because your clients need to know that you value your work, goods ...
New research reveals time-saving benefits of eInvoicing
The feedback from the study confirms invoicing is a significant component of an SME's administrative tasks, with 83 per ...
Small Business Index riding high on faster payment times and jobs growth
Australian small businesses are continuing to sell more goods and services than they did a year ago, despite customers f...
Big businesses called out anew over late payment times
The Business Council of Australia has created a supplier payment code, urging big businesses to pledge to pay small-bus...