The latest Dun & Bradstreet report, "Late Payments in Australian business", looks at the habits of various types of commercial entities when paying for goods and services.  It follows on from the Small Business Ombudsman's payments inquiry and the Business Council of Australia's introduction of the Australian Supplier Payment Code.  Key findings this quarter: late payments fell 4.6 per cent, meaning that the average late payment time for business is now 14.6 days late; the percentage of businesses paying on time rose sharply during June 2017, with an average of 63.8 per cent of paying their bills on time; and businesses in the two to five years' old bracket are at a higher risk of late payments and failures.D&B said analysis of its trade data from the first six months of the year showed that, on average, ASX listed companies are less likely to pay bills on time by a wide margin. Just 12 per cent of ASX listed companies pay on time compared with almost 34 per cent of non-ASX listed companies.