Late payments remain near record lows despite seasonal rise
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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