Posts tagged "payment terms"

The Payment Times Reporting Scheme aims to improve SME cashflow by making reporting entities disclose their payment terms and times.

Proposed reforms to payment terms for small businesses don't go far enough and should include the spectre of financial penalties, says Labor.

Kate Carnell has given big businesses an ultimatum on whether or not she will formally recommend outlawing payment terms longer than 30 days.

Small business ombudsman Kate Carnell has called for the BCA's supplier payment code to be scrapped, saying big firms are manipulating and shirking promises.

Chasing debt? Here are nine tried-and-tested tips that will help you make debt collection just another usual business function.

Late payment times has been revealed to be a $7 billion problem and one which is significantly slowing the growth of local SMEs.

For small businesses, an unpaid invoice can turn a profitable month into one where you’re struggling to keep the lights on. On average, Au…

Running your own business brings with it a unique set of challenges, especially once you grow from sole trader to employer. The biggest of t…

By Steve Worthington, Swinburne University of Technology

Small to medium enterprises are increasingly relying on commercial credit cards…

Michael West recently wrote a great article on payment terms. The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) is onto…

US cereal giant Kellogg’s and New Zealand milk multinational Fonterra have put the squeeze on local suppliers by stretching their payment …

Corporate Australia is feeling the cash squeeze, with Transfield Services yesterday saying its cash flow has been hit by people not paying t…