Victorian Small Business Commissioner Judy O’Connell has been named on the panel of an independent review into the Australian Supplier Payment Code.
The Business Council’s Australian Supplier Payment Code was established last year to ensure small business suppliers are paid within 30 days of issuing a correct invoice.
Professor Graeme Samuel AC, a former Australian Competition and Consumer Commission chairman, has been appointed as the Independent Reviewer and will consult with governments, businesses and a panel as part of the review.
The panel includes:
- Kate Carnell AO, Australian Small Business and Family Enterprise Ombudsman
- Judy O’Connell, Victorian Small Business Commissioner
- Peter Strong, Chief Executive, Council of Small Business Australia (COSBOA)
- Dirk Fourie, Rio Tinto, Principal, Procurement.
Any business, not-for-profit or government entity can sign up to the Code at any time. The Code also obliges large companies to help small business suppliers implement new technologies and practices that will assist them with more efficient invoicing and payment.
The review is expected to be completed later this year. For more details, visit: www.supplierpaymentcode.org.au