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Payment times improving but recovery far from guaranteed

New data reveals payment times for Australian businesses improved across most industries in December, but snap lockdowns and border closures towards the end of last year could dampen a full economic recovery.

Payment times improving but recovery far from guaranteed
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Payment times improving but recovery far from guaranteed

The latest CreditorWatch Business Risk Review for December 2020 showed 15 out of 19 industry groups have reported a reduction in the time it takes to pay their bills.

Read more at MyBusiness.

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