June Quarter Analysis 2019
Payment times deteriorate 26% in agriculture sector
The financial distress suffered by the Australian agriculture sector over the past year has been confirmed by a 26% rise in payment times. This is a reflection of the severely adverse conditions faced by drought-blighted farmers in rural areas.
- Payment times deteriorate 26% in agriculture sector
- Payment times in ACT improve 24%
- Payment times improve evenly across all business sizes
- Total payment times achieve another historic low