Australia’s government to speed up payments, but will this solve late payments to SMEs?

The government in New South Wales will pay their suppliers in five days, down from 20 days. They are stepping up to plug the cash flow gap, but does it help late payments to SMEs?

RIABU’s Simon Littlewood tells Mark Laudi that big businesses need to step up and pay small businesses faster, and if automation and technology will help companies get paid faster.

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