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Victorian government extends 10-day payment terms beyond COVID

The Victorian government has announced it will extend its commitment to pay all small-business supplier invoices within 10 business days beyond the coronavirus crisis.

Victorian government extends 10-day payment terms beyond COVID
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Victorian government extends 10-day payment terms beyond COVID

The commitment will be part of reforms to the Victorian government’s Fair Payment Policy, with payment terms for contracts under $3 million to move from the current 30 days.

Read more at MyBusiness

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