COVID-19 Updates

Labor announces 30-day invoice payment plan

traffic truck

Federal Deputy Opposition Leader Richard Marles has outlined a plan that will require small business invoices to be paid within 30 days if Labor wins the Federal election.

Labor has also flagged plans to cut transaction costs via so-called “least cost routing”, saying that this could save businesses as much as $804 million a year in merchant fees.

NatRoad has been calling for 30-day payments for decades, so this is a welcome announcement.

Once the election is over, we will continue our pursuit of unfair contracting changes which made it into the Parliament only to stall due to lack of time.

Enquire Now

To find out more about becoming a member, fill in your details below and a member of our friendly team will be in touch to provide all the information and answer any questions.