DEBTORS - GOVERNMENT INTERVENTION

It was pleasing to see that the Prime Minister has indicatedthat the Australian Government will be requiring Australia’s 3,000 largest businesses to pay their bills to small and medium-sized enterprises within 20days, as a condition of future contracts with the Federal Government.

 

This is great news for those of your clients who are dealingwith the Federal Government and hopefully will contribute to the lowering of Australia’s very large “debtors' days outstanding”.

EDITOR'S NOTE

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