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206 mining reports · Australia

How long do large Australian mining businesses take to pay small businesses?

Large Australian mining businesses take a median of 28 days to pay their small business suppliers, 3 days slower than the median of 25 days for all industries. The industry ranks 3 of 18, where 1 is the slowest payer.

Figures cover large Australian businesses paying their small business suppliers only.

28daysmedian to pay small business
3of 18slowest-paying rank
25%of invoices paid late
188insolvencies, last 12 months

Where does mining rank?

Rank 3 of 18 by median days to pay, where 1 is the slowest. The dark bar is mining.

How many invoices are paid late?

At the median entity, 25% of small business invoices are paid late, 1 point below the figure for all industries of 26%.

How long do most take?

The middle half of entities pay in 18.4 to 36 days. A quarter take longer than 36 days.

How many businesses became insolvent?

188 mining companies entered external administration over September 2025 to August 2026, rank 15 of 18 by number of cases. This is a count, not a rate.

Businesses that sell to mining businesses can compare these figures with their own debtor days, or check how fast a single customer pays. Paidnice is debtor management software in Australia: it sends reminders and adds late fees on overdue invoices in Xero or QuickBooks. For the wider picture, read the accounts receivable statistics for Australia.

Which mining subdivisions pay slowest?

Exploration and other mining support services is the slowest subdivision at 33.1 days. Oil and gas extraction is the fastest at 23.2 days.

SubdivisionMedian daysMiddle halfPaid late
Exploration and other mining support services36 entities33.127.8 to 44.133.6%
Coal mining47 entities26.517 to 32.413%
Metal ore mining64 entities2619 to 35.826.2%
Oil and gas extraction45 entities23.215 to 32.722.5%

Cite: Paidnice (2026). Australian mining payment times. https://www.paidnice.com/payment-times/au/mining. Source: Payment Times Reporting Scheme register (reports ending March 2025 to June 2026), ASIC insolvency statistics. Figures cover large Australian businesses paying their small business suppliers only.

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Questions

How long do large Australian mining businesses take to pay small businesses?

Large Australian mining businesses take a median of 28 days to pay their small business suppliers, 3 days slower than the median of 25 days for all industries. The industry ranks 3 of 18, where 1 is the slowest payer.

What share of small business invoices do mining businesses pay late?

At the median mining entity, 25% of small business invoices are not paid within the payment term. Across all large Australian businesses the median is 26%.

How many mining companies became insolvent in the last 12 months?

188 mining companies entered external administration for the first time over September 2025 to August 2026, 15 of 18 industries by number of cases. This is a count, not a rate.

Can I charge interest when an Australian customer pays late?

Australia has no general statutory interest on late business invoices, so the right to charge a late fee or interest comes from your terms of trade. Put the fee or rate in your terms and on the invoice before the work starts.

Method and sources

We took each entity's latest Payment Times Reporting Scheme report with a period ending March 2025 to June 2026 and grouped entities by the ANZSIC division and subdivision they reported. Each entity reports its own average payment time to small business suppliers; we take the median of those averages. Industries and subdivisions publish only with 20 or more entities. Insolvencies are ASIC series 1 counts over September 2025 to August 2026. The scheme covers payments to small businesses only.

Sources: Payment Times Reports Register (© Commonwealth of Australia, Payment Times Reporting Regulator, CC BY 4.0), ASIC insolvency statistics. Download the industry data (CSV).