Q+A: Why Aussie businesses have $5.5 billion less cash to work with

Australian businesses are taking longer to collect payments from customers, and they're responding by delaying payments to their own suppliers. The result? An additional $5.5 billion tied up in working capital across the companies surveyed in the latest McGrathNicol Working Capital Report.

Sean Aylmer speaks with Jason Ireland and Sean Wiles, Partners at McGrathNicol Advisory, about Australia's sharp deterioration in working capital performance, the sectors under the greatest pressure, and what businesses can do to free up cash.

McGrathNicol is a supporter of Fear & Greed.

Find out more: https://fearandgreed.com.au/

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