According to the latest research data from Illion, Australia’s late payments are at a historic low, with an average of 10.4 days late. This means that, at the best we’ve ever been, Australian businesses are still receiving their payments almost 11 days overdue. And that’s on top of their already existing payment terms. Think about it. If you’re on 30-day terms that means on average more than a full third longer. #payments #australia #banking #fintech #financialservices #money

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