Scott Morrison to push for faster payments for small business

The government will require big businesses that hold government contracts to pay small contractors within 20 days

The Morrison government will require businesses with a turnover of more than $100m to pay their small contractors within 20 days if they have government contracts.

Scott Morrison used a speech to the Business Council of Australia on Wednesday night to outline the new procurement policy, and also flag an intention to persuade state governments to follow suit.

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from The Guardian https://ift.tt/2Kl0rBL
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