Hon STUART NASH: As a former sole trader myself, I understand when businesses, sole traders, and chambers of commerce tell me that cash flow is king. Late payments from large organisations to small suppliers can be crippling for these businesses. The discussion document seeks the public views on legislation that would require a maximum payment term of 20 days to ensure small businesses are reimbursed for their services more quickly, and the right for small businesses to charge interest on overdue invoices, and debt recovery fees for late payment. I am prepared to legislate if necessary, to set minimum standards for payment terms.