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If you are a small business and have Qld Government contracts, you will get paid faster on issue of invoices. Small businesses will need to register with the Qld Government. See the following Qld Government press release:

The Queensland Government recognises that cash flow is vital for small business.

From 1 July 2020, government payment terms under the On-time Payment Policy will be reduced from 30 to 20 calendar days for all valid invoices from small business suppliers, with no value threshold.

We invite all Queensland small business owners and operators to register on the On-time Payment small business register to ensure suppliers to government get paid faster.

Registration is not compulsory but registering your business will mean payment of your invoices will be prioritised.

To register today, visit www.qld.gov.au/on-time-payments

For more information about the Queensland Government On-time Payment Policy visit https://www.business.qld.gov.au/on-time-payment

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