Exactly how long big businesses are taking to pay their bills could soon become public.

Small Business Minister Stuart Nash wants to introduce legislation to create the disclosure regime by the end of the year and aims to have it up and running by 2024.

It would apply to any business that makes more than $33 million a year.

Canterbury Employers' Chamber chief executive Leeann Watson told Mike Hosking they support the idea, but says this issue isn't top of mind for businesses.

She says the bigger issues for small businesses are access to capital and labour market shortages.

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Exactly how long big businesses are taking to pay their bills could soon become public.
Small Business Minister Stuart Nash wants to introduce legislation to create the disclosure regime by the end of the year and aims to have it up and running by 2024.
It would apply to any business that makes more than $33 million a year.
Canterbury Employers' Chamber chief executive Leeann Watson told Mike Hosking they support the idea, but says this issue isn't top of mind for businesses.
She says the bigger issues for small businesses are access to capital and labour market shortages.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.