Tag: Christine Christian

Businesses are almost two months late in paying their bills, with the national tardiness rate blowing out to an average 53 days.

Over two-thirds of small businesses aren’t paying bills on time, with the number of organisations paying invoices more than three months late jumping to 20 percent.

Australian businesses are taking longer to pay their bills, with business-to-business payment terms worsening in the September quarter compared to this time last year.

Australian businesses expect a strong December quarter, with Christmas trading to bring the growth many businesses have been waiting for, according to the latest Dun and Bradstreet Business Expectations Survey.

In the latest Dun and Bradstreet Business Expectations survey finds the confidence of Australia’s executives on the way up, with expectations for five of six key indicators of business strength rising significantly.

Dun & Bradstreet Corp has bought the privately held Dun & Bradstreet Australia Holdings Ltd in a deal worth $233 million ($AU).

Australian executives are confident of a strong finish to the 2010 financial year, with expectations at their highest level in seven years according to Dun & Bradstreet.