ScoMo tells big biz to pay their bills and stop treating SMEs like banks
The nation's 3000 largest businesses will be forced to pay their bills to small and medium enterprises within 20 days as a condition of future government contracts and they will have to disclose every year the details of how promptly they pay bills to these enterprises.
Prime Minister Scott Morrison outlined the changes at the Business Council of Australia annual dinner in Sydney on Wednesday night in what is the latest of a series of pre-election policy measures aimed at the small business sector.
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