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
After their expectations reached a 24-year low in the previous quarter, businesses are indicating that price rises are on the agenda in the new financial year as they seek to retain profits while compensating for cost pressures and low ...
Tags: Service, Bank, Price Expectations
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 ...
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