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Daily Archives: 3 July 2014

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Small businesses to benefit from on-time payments

Business hubBy Kevin Hogan MP3 July 2014

Businesses that provide goods and services to the Government will get the benefit of a ‘pay on time or pay interest’ approach from tomorrow. For contracts valued up to $1 million, the new policy will automatically pay interest on correctly rendered and unpaid invoices after 30 days, down from the previous 60 days. This change…

Kevin Hogan MP
Authorised by Kevin Hogan, 63 Molesworth St, Lismore, NSW, 2480

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