Australia: Payment times reporting legislation passes House
Aims to implement the federal government's response to the Statutory Review of the Payment Times Reporting Act
Aims to implement the federal government's response
The Payment Times Reporting Amendment Bill 2024, which aims to implement the federal government's response to the Statutory Review of the Payment Times Reporting Act, has passed the House of Representatives.
The proposed legislation seeks to improve small business payment times, influence large businesses with poor small business payment practices, and encourage fair and improved payment terms, times, and practices for small businesses.
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