Business Services Industry
Danger signs missed.(bill payment times)(Brief Article)
Australasian Business Intelligence, April, 2005 by Gome, Amanda
Apr 14, 2005 (BRW - ABIX via COMTEX)
Australian companies were taking an average of 48 days to pay their bills in July 2004. However, as of mid-April 2005, the timeframe has increased to 50 days. Christine Christian, the CEO of D&B Australia, says the increase is one of a number of signs that the Australian economy is starting to slow. D&B Australia is one of a number of firms to have recently released surveys of companies that indicate either a decline in business performance or confidence, or both, with others including the National Australia Bank and Sensis.
Publication Date: 14 April 2005
D&B (AUSTRALIA):
DUN AND BRADSTREET (AUSTRALIA) PTY
LTD:
NATIONAL AUSTRALIA BANK LIMITED -
ASX NAB:
SENSIS...
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