No recording available for this session
Session held on 10th February 2021
About this session
"Times New Roman";color:#333333;mso-fareast-language:EN-AU">This new bill became
law on 1st January 2021 and requires large organisations (over $100m income),
including public sector bodies, to pay their small suppliers (under $10m
revenues) within 30 days – with no excuses.
"Times New Roman";color:#333333;mso-fareast-language:EN-AU">Fines for
non-compliance can reach 0.6% of turnover – say, $180m for a major bank for
instance.
"Times New Roman";color:#333333;mso-fareast-language:EN-AU">Worse for most,
especially public sector bodies, is that the Federal Government plan to “name
and shame” non-conforming organisations very quickly on a new public website
31st March.
"Times New Roman";color:#333333;mso-fareast-language:EN-AU">Will your
procurement department appear on the naughty list?
"Times New Roman";color:#333333;mso-fareast-language:EN-AU">Find out how to
comply from this special PASA webinar session from KPMG
Your
guest expert presenter:
mso-fareast-language:EN-AU">
"Times New Roman";color:#333333;mso-fareast-language:EN-AU">Vince Dimasi is a
partner at KPMG and leads the national KPMG Working Capital Advisory &
Payment Times Reporting team.
https://www.linkedin.com/in/vince-dimasi-378b2522/
"Times New Roman";color:#333333;mso-fareast-language:EN-AU">
"Times New Roman";color:#333333;mso-fareast-language:EN-AU">
Details |
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Download Presentation Slides | |
Keywords | contracts, legal |
Category | N/A |
Topic / Interest | Contracting & contract management, critical points through the contract lifecycle, Procurement and the Law |
Type | Presentations |
Role | N/A |
Date Entered | 15/02/2021 |