Driving Quick Payments to Small Businesses

  • May 19, 2020 NZST
  • Team Kalkine
Driving Quick Payments to Small Businesses

The Government Ministers are requesting many important private enterprises to approve prompt payment practices in the state sector, to improve cashflow for small businesses. The Ministers of Small Business, Finance, Consumer Affairs and Commerce have written to more than forty important enterprises and banking industry representatives to appeal they join efforts to help SMEs (Small and medium enterprises).

The Government looks forward to ensuring that 95 per cent of the invoices should be paid within 10 working days to increase cash flows of businesses.

 


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