Doing business in Queensland is about to get better, with the State Government committing to faster payment terms and measures to support smaller businesses gain better access to government procurement.

As of 1 July 2020, the State Government will reduce invoice payment times from 30 days to 20 days for small businesses and will work on measuring engagement so as to set a target for government procurement to support smaller businesses. Over the next 12 months State Government will work to improve the capture, sharing and reporting of Queensland Government procurement data, so as to set a baseline for future targets.

With small businesses making up over 97 per cent of all Queensland businesses, it is vital to build on reforms put in place under the ‘Buy Queensland’ approach and other actions including targeted training for Government procurement officers to open up more opportunities for small business.

Queensland Small Business Week will be held from Monday 27 May to Friday 31 May.

The Procurement Action statement can be found at:,on%20time%20and%20in%20full.