Tags Late payment

Tag: late payment

Accountants urge government to legislate against the late payment of small businesses

The Institute of Public Accountants (IPA) has called for the Federal Government to improve the financial outlook of SMEs by introducing a loan guarantee...

From unfair contract terms to optimism: A VSBC update on Victoria’s small businesses

The Victorian Small Business Commissioner, Judy O’Connell, provided Dynamic Business with insights into the state’s small business sector, including barriers to growth and the...

Top tips to get your SMB paid by EOFY

Getting paid: one of the toughest issues every small business owner faces. As if building a great reputation, creating a stellar client list and securing...

‘Act like a large company’ and other tips to help SMEs avoid the sting of late payments

Last week, the Australian Small Business and Family Enterprise Ombudsman released the findings of the Inquiry into Payment Times and Practices in Australia. The...

Small businesses being used as ‘cheap form of finance’ by larger ones: late payment inquiry

By extending payment times to small businesses in the supply chain, large Australian and multinational organisations are effectively using them as ‘a cheap form...

Late payment research from Amex and Xero highlights the cashflow burden for SMEs

Coinciding with the anticipated release of the Small Business Ombudsman’s report on its inquiry into payment times and practices, American Express has released research showing...

Call for government to consider UK regs to help ensure big businesses pay SMEs on time

The Coalition has been urged to follow the example set by the UK Government and introduce legislation to deter big business from making late...

Late payments impacting 3 in 4 small businesses

New research by MYOB highlighting the financial and emotional toll late customer payments are having on SME owners has prompted the cloud accounting provider...

Four steps to recover a debt without going to court

If a business or individual owes your business and defaults in repayment of it, there are a number of steps you may be able to take to recover it.

6 ways to get paid faster

How to deal with customers who drag their feet when it's time to pay up.

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Has the Budget delivered for small businesses?

Guest authored by Sam Allert, CEO of Reckon With 23 per cent of small businesses concerned they won't exist...

What the Budget means for startups

In what is being dubbed the "jobs budget" the 2020-21 Budget was the opportunity for the Morrison Government to lay out the...

Government backflips on RDTI cuts with a $2 billion boost

Last night, the Government announced a $2 billion investment into Research & Development Tax Incentives (RDTIs), scrapping a previously proposed $1.8 billion...

Female founders deem Budget ‘A step forward, but more to be done’

Whilst largely satisfied with the way the Budget has catered for women, female founders are saying there is room to create greater...

“The $1 trillion budget deficit”: Economists on the 2020-21 Budget

The 2020-21 Budget delivers the biggest Australian deficit since World War 2. The Government’s fiscal stimulus of $51 billion during the GFC...

Budget 2020-21: What’s in it for businesses?

This year, Australia will see a $213.7 billion deficit. “Our economic response has come at a significant cost,” said...

Josh Frydenberg’s full speech: Federal Budget 2020-21

This evening the Federal Budget will be announced by Treasurer Josh Frydenberg in Parliament House in Canberra. Having...

Federal Budget: Treasurer brings forward tax cuts, braces for large deficit

As the Federal Government hands down the "most important budget since World War II" this evening, Australians can expect to see further...