Late Payments Strain WA Small Businesses in Pandemic

Late Payments Strain WA Small Businesses in Pandemic
Australian banknotes in Melbourne, on Nov. 7, 2017. Paul Crocker/AFP via Getty Images
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Late payments are adding to the financial strain on West Australian small businesses from the COVID-19 pandemic, a report has found.

The Bankwest Curtin Economic Centre report found more than a third of small businesses reported revenue losses last year.