Despite an Australian economy growing at a moderate 2.3 per cent according to March quarter figures released by the ABS this month, the latest data on trade payments reveals that businesses are paying their invoices at the fastest rate on ...
Tags: Australian economy, payment times
The average time taken for Australian businesses to pay their invoices has fallen to the lowest level since the third quarter of 2007, in further signs that operating conditions have strengthened this year and the business sector’s ...
Tags: Payment Times, Pre-GFC Levels
China reported robust exports for January, but assessing the nation’s true economic strength is no easy task. The Lunar New Year holidays that began at the end of January apparently created an export surgeA transient variation in the ...
Tags: Export Data, economic strength
China's acceleration of exports and slowdown of imports in November left the country with its largest trade surplus in more than four years. The improvement of overseas demand increased China's chances of securing an 8 percent trade ...
Tags: trade surplus, China, export, import
Australian businesses are failing to pay their bills on time more often than not, with 60 per cent of invoices settled beyond the standard 30-day payment period. Dun & Bradstreet ' s latest Trade Payments Analysis shows that this high ...
Australian businesses are taking longer to pay each other in 2013 compared to a year earlier, in an indication that their level of financial health has not improved. Despite edging down in the June quarter, businesses are taking 54 days ...
Tags: Australian Businesses, economy
Business cash flow has slowed this year, placing further strain on a range of industries already experiencing low confidence because of weak trading activity and high operating costs. Businesses are waiting nearly eight weeks to be paid ...
Tags: Service
Australian businesses don’t plan to hire new staff in the coming months, and are putting off investments, as the cost of doing business takes its toll. On the back of recent high-profile job cuts and off-shoring announcements by a ...
An unhealthy cash flow cycle exists among Australian businesses, with 62 per cent of accounts settled late and firms taking on average, 52 days to pay their bills, according to the latest Trade Payments Analysis by Dun & Bradstreet. The ...
In a speech to be delivered today in Hong Kong, the Treasurer says he is due to hold further talks with Hong Kong financial secretary John Tsang this week in a bid to increase yuan investment and trade with Australia. The negotiations to ...
Tags: Hong Kong, Treasurer, finance, global trade payments
Business-to-business payment times have fallen by five days since the height of the global financial crisis(GFC),however,cash flow pressures remain prevalent as firms are being forced to wait more than three weeks longer than standard terms ...
Tags: Trade Payments, payment times