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.

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 &amp; Greed.

Business news you can use. A daily business news podcast with journalists Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Business news you can use. A daily business news podcast with journalists <a href="https://www.linkedin.com/in/sean-aylmer-9922068/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/sean-aylmer-9922068/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw0wu3ezGEfBZFYspJbTTaYL">Sean Aylmer</a>&nbsp;and&nbsp;<a href="https://www.linkedin.com/in/mcwthompson/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/mcwthompson/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw08pZ8jZ88rHJgCfbHkTr5k">Michael Thompson</a>.&nbsp;Find out more at&nbsp;<a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/" data-saferedirecturl="https://www.google.com/url?q=https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain%3Dfearandgreed.com.au/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw1DLq_FuqjEt3HC-ZK1704H">https://fearandgreed.com.au</a>

Fear and Greed is Australia's most popular business podcast.

FEAR & GREED | Business News

Daily business news for people who make their own decisions, with business journalist Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Daily business news for people who make their own decisions, with business journalist <a href="https://www.linkedin.com/in/sean-aylmer-9922068/">Sean Aylmer</a> and <a href="https://www.linkedin.com/in/mcwthompson/">Michael Thompson</a>. Find out more at <a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/">https://fearandgreed.com.au</a>

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

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/686f9c4f-da37-4b3a-869a-b4f200b5ba3a/transcript