Australian Firms Pay Bills Quicker in Improved Times

Australian Firms Pay Bills Quicker in Improved Times
A tram passes Flinders Street Station on August 14, 2012 in Melbourne, Australia. Scott Barbour/Getty Images
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In a further sign of improving economic conditions, payment times between businesses declined in many industries last year.

However, there are concerns that this trend could be cut short from the imposition of snap COVID-19 lockdowns.