On 1 January 2021, the Payment Times Reporting Act 2020 (Cth) (the Act) commences, which will oblige large businesses with an annual turnover of more than $100 million (Reporting Entities) to report their payment terms and practices with respect to their Small Business suppliers, twice per year. Once reported, the reports will be made available … Continue reading Introduction of Payment Times Reports Register to provide transparency of large business payment practices […]
