March Quarter Analysis 2019
Lowest level for March quarter payments on record
Late payments remain low by historical standards, falling to 10.5 days in March 2019, compared with 11.7 days a year ago. While the current level of late payments remains near historical lows, this is vulnerable to a further slowdown in the economy.
- March late payments lowest on record
- Forestry sector has highest level of prompt payments
- Public administration improves on late payments
- Overall, smaller firms continue to pay more promptly