Published: January 15, 2020
Former minister joins company lobbying the commonwealth to expand reverse factoring to public servants’ wages
The former foreign minister Julie Bishop has taken a job with financing group Greensill, which specialises in the controversial practice of reverse factoring.
Reverse factoring, also known as supply chain finance, is a practice where suppliers to big business can get paid early by a company such as Greensill in return for a fee.
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