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Government Response – Small Business Payment Times and Practices Inquiry

On 12 April 2017 the Australian Small Business and Family Enterprise Ombudsman released the final report from an inquiry into Payment Times and Practices for Australian small businesses. The Inquiry made 10 recommendations to the Australian Government.

This report is the Government’s formal response to the Ombudsman’s inquiry. In developing this report, the Government has engaged in more than 50 targeted meetings across a wide range of stakeholders in the community to discuss the Inquiry findings and recommendations. This includes meetings with small businesses, industry bodies and business associations, business advisers such as accountants and bookkeepers, large corporates, internationally and with Commonwealth and state departments and agencies.