‘Unfair’ payment practices to SMEs attract scrutiny
The federal opposition has claimed that a formal investigation has begun into extended payment terms and ‘reverse-factoring’, a payment practice that it said unfairly burdens SMEs. But the terms of any such scrutiny are far less clear.
‘Unfair’ payment practices to SMEs attract scrutiny
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Shared by MyBusiness
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October 02, 2019
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1 minute read
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Late on Monday (30 September), the federal Labor Party issued a statement claiming that the ACCC has launched an investigation, at its behest, into extended payment times and so-called reverse-factoring being imposed onto Australian SMEs by corporate Australia.