Supplier Payment Code Independent review
6 September 2018
Since it was launched by the Business Council over 80 businesses with a collective revenue of more than $416 billion have adopted the Supplier payment code, which is already working to improve payment times and strengthen relationships with small business suppliers.
As a part of the process of constant improvement, businesses are now invited to make submissions to an independent review of the Code.
Submissions will be confidential; any reference in the review’s report to feedback from any party will be deidentified unless explicitly requested otherwise by the party in question.
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 of experts.
The review panel will include:
- 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 Organisations Australia
- Dirk Fourie, Rio Tinto, Principal, Procurement.