Legislative Assembly for the ACT: 2011 Week 13 Hansard (Thursday, 17 November 2011) . . Page.. 5557 ..
I am tabling the government’s response to 2(d) of the resolution. As I have previously stated in the house, the government recognises the importance of the small business sector in the territory and is committed to sound business practices which support our suppliers.
The government paid over 300,000 invoices in 2010-11, which equates to approximately 25,000 invoices being paid every month. As at 31 October, 1,502 invoices were overdue for payment. Of these invoices, the vast majority were overdue by less than 30 days.
Around 85 per cent of invoices are paid on time. For those invoices not paid by the due date, there are usually good reasons for the delay, reasons according with sound financial management practices. There have been instances where invoices have been received from suppliers after their due date, and in some instances invoices are received for work that has not been completed either in accordance with the agreed milestones or to the satisfaction of the directorate. In accordance with sound financial management practices, an invoice is only approved for payment if it is correctly rendered and the good or service has been provided as required. That said, the government continues to work hard to improve payment processes and to increase the number of invoices paid on time.
In response to 2(e) of the resolution, analysis indicates that no interest payments have been processed through Oracle Financials. Therefore, it could be concluded that no interest penalties have been paid by directorates for late payment of invoices.
Gaming Machine Act—Gambling and Racing Commission
MR BARR (Molonglo—Deputy Chief Minister, Treasurer, Minister for Economic Development, Minister for Education and Training and Minister for Tourism, Sport and Recreation) (3.07): For the information of members, I present the following paper:
Gaming Machine Act, pursuant to section 168—Community contributions made by gaming machine licensees—Report by the ACT Gambling and Racing Commission—1 July 2010 to 30 June 2011, dated 24 October 2011.
That the Assembly takes note of the paper.
Question resolved in the affirmative.
Ms Gallagher, on behalf of Mr Corbell, presented the following papers:
ACT Criminal Justice—Statistical Profile—September quarter.