NZ utility companies are the worst payers in the country, D&B says

Thu, 02 Oct 2014

By Fiona Rotherham Oct. 2 (BusinessDesk) - Consumers face penalties if they don’t pay their power, gas or water bills on time but it would appear the utilities providing those services play by a different set of rules. The country’s utilities are the worst at paying their bills on time, according to the latest quarterly Dun & Bradstreet trade payments analysis. Overall kiwi businesses are experiencing a cashflow boost from the country’s strong economic performance with the average time taken for commercial invoices to be paid falling t...

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