Tag Archives: cash flow

Ombudsman welcomes faster payments to Qld SMEs

Ombudsman Kate Carnell has welcomed the Queensland government’s commitment to faster payment terms for small businesses. Ms Carnell has also urged other states and territories to follow suit, after expressing disappointment that it took so long. “A reduction in invoice payment times from 30 days to 20 days is to …

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Small business owners ‘compromising personal wellbeing’

As Christmas approaches, Australian small business owners are compromising their personal wellbeing to deal with business pressures, claims Westpac. Such pressures include cash flow, compliance and regulation, according to Westpac’s new Small Business Report, in collaboration with Deloitte. Main findings 58 per cent of small business owners said they expect …

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