Small Business Commissioner Kate Carnell targets government for faster payments

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Tom McIlroy
The Sydney Morning Herald
16 October 2017

A new campaign lead by Small Business Ombudsman Kate Carnell, may require contractors from some of the federal government’s biggest spending departments to pay small businesses within 30 days. Research conducted by accounting firm Xero found small businesses were slowly being paid sooner. Kate Carnell says some big multinationals are driving small enterprises out of business through late payments. At Apricity, we understand the importance of invoices being paid on time so that small businesses can maintain a positive financial position. Recent inquiries are ensuring that this is so. Learn more about invoice finance here, and the full article here.