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Small businesses call for mandatory maximum payment times as late payments cost them hundreds of millions of dollars – ABC News

Small businesses are having to wait longer than ever to be paid for goods and services and it is costing them hundreds of millions of dollars.

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ASX soars by 2%, all sectors higher – Australian Associated Press

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Australia’s share market was higher by more than two per cent and tech companies soared after their US peers led a Wall Street rally.

The S&P/ASX200 benchmark index was higher by 121.2 points, or 2.05 per cent, at 6047.3 points at 1200 AEST on Tuesday.

The All Ordinaries index was higher by 121.8 points, or 2.01 per cent, at 6175.7.

The ASX’s technology sector was up 3.93 per cent after momentum from US markets, where Microsoft and Apple had big gains due…



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Retail spending down 3.4% in June quarter – Australian Associated Press

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Retail sales in Australia fell by 3.4 per cent in the June quarter amid coronavirus lockdowns, which is the biggest drop since the GST was introduced in 2000.

Cafes, restaurants and takeaway food services were the hardest hit (-29.1 per cent), according to seasonally adjusted data from the Australian Bureau of Statistics.

The bureau revised its estimate of retail sales in June from a gain of 2.4 per cent to 2.7 per cent.

June was the first full month of trade…



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NSW Kmart stores introduce ‘click and collect’ service – 9News

Kmart stores across NSW have introduced a "click and collect" service to help control social distancing with customers instore.

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Auto News: Kia’s Australian Open Fleet hits the road – caradvice.com.au…

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