Late payers: the silent killer of small businesses

"Large companies that treat small suppliers "with contempt" by delaying payment times are under the spotlight, with Small Business Ombudsman Kate Carnell saying the problem has become so critical that her office is seriously considering an inquiry. Carnell says any inquiry would target the huge lags in payment times from some of Australia's biggest and best-known corporations. The Ombudsman, who took office in March, says the No.1 problem small businesses tell her about is the negative impact late payments have on cash flow." Read more

Adam Courtenay Brisbane Times 15 July 2016