Published 24 hours ago

Late payments at their highest in three years

Summary by Inside Small Business

Despite ongoing efforts to address the issue of late payments, the latest Business Risk Index (BRI) report from credit reporting bureau CreditorWatch has revealed that late payments are at their highest rate this September 2024 period, the highest since the end of JobKeeper in March 2021. CreditorWatch data revealed that the rate of B2B payments that are 60+ days in arrears is up 21.4 per cent year-on-year and 7.9 per cent since January. This is…

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Late payments at their highest in three years

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