Federal government speeds up contract payments

By Tom McIlroy
Updated November 22 2017 - 3:08pm, first published 2:55pm
Prime Minister Malcolm Turnbull during a joint press conference with Minister for Finance Senator Mathias Cormann at Parliament House in Canberra on Tuesday 8 August 2017. fedpol Photo: Alex Ellinghausen
Prime Minister Malcolm Turnbull during a joint press conference with Minister for Finance Senator Mathias Cormann at Parliament House in Canberra on Tuesday 8 August 2017. fedpol Photo: Alex Ellinghausen
AFR RETAIL SUMMIT at the InterContinential Hotel, Sydney. Keynote Speaker- Kate Carnell AO, Small Business and Family Enterprise Ombudsman on 1 November 2017. PHoto:Jessica Hromas
AFR RETAIL SUMMIT at the InterContinential Hotel, Sydney. Keynote Speaker- Kate Carnell AO, Small Business and Family Enterprise Ombudsman on 1 November 2017. PHoto:Jessica Hromas

Federal government departments and businesses will have less than three weeks to pay small and medium contracts, as part of new rules announced by Prime Minister Malcolm Turnbull.

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