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Trade Payments Analysis
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Businesses Are Paying Their Invoices at The Fastest Rate on Record
Jun 18, 2015Despite 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
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Average Time Taken for Australian Businesses Has Fallen to The Lowest Level
Nov 21, 2014The 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
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Australian Businesses Are Failing to Pay Their Bills on Time More Often Than Not
Oct 25, 2013Australian 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 ...
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Businesses Take 54 Days to Settle Their Accounts Over 8 Million Trade Payment Records
Aug 16, 2013Australian 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
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Business Cash Flow Has Slowed This Year
May 28, 2013Business 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
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Australian Businesses Don't Plan to Hire New Staff in The Coming Months
Mar 8, 2013Australian 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 ...
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An Unhealthy Cash Flow Cycle Exists Among Australian Businesses
Feb 19, 2013An 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 ...
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Business-to-Business Payment Times Have Fallen by Five Days
Nov 27, 2012Business-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