CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Payment times climb after record lows
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Payment times climb after record lows PDF Print E-mail
Thursday, 21 July 2016
The recent trend of increasingly faster payment times stalled during Q2, with Dun & Bradstreet’s Australian Trade Payments Analysis revealing businesses in all states recorded a slight increase in the time taken to settle invoices. The result for the three months to June 2016 pushed the national average slightly higher at 44.9 days, still well below the corresponding 2015 result of 49.2 days. However, the rise marks the first increase in average payment times since the first quarter of 2015. 

The results were gathered prior to the Federal election results, and on a global level they also predate the recent market upheaval triggered by Brexit. The Reserve Bank of Australia’s May rate cut was expected to have a positive impact on payment times, but if anything businesses appear to have gone the other way, extending the time taken to settle invoices and ending an almost unbroken two-year run of consistently falling payment times.
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards


Tuesday 3 October - Guoman Tower Hotel, Central London

Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.

To book your place to attend, please contact Alison Lucas.


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197