Queensland mining suppliers call for return to fairer payment terms
The current 60-day payment terms of major mining houses operating in Queensland are having a significant negative impact on local small to medium businesses.
Data On What’s Driving Australia’s Small Businesses Points To Cash Flow From Big Firms
One of the biggest hazards to small businesses in Australia is poor cash flow. Statistics by ASIC prove that 51% of small businesses do not survive beyond four years of operation, poor cash flow the cause of nearly 90% of these failures.