Late payment times for the June 2019 quarter are still at record lows, notwithstanding a small seasonal rise from the previous quarter.

On a quarterly basis, payment times increased 4.2% from the March quarter, but fell 1% compared with the same time last year.

The fishing and mining sectors performed particularly well on an annual basis, with late payments falling by 38% and 30.3% respectively.

However, the agriculture, forestry and public administration sectors all saw at least double digit increases in late payment times.

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