Regulatory updates - Australia
Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements.
Australian government announces funds to enhance e-invoicing
The Australian government is committed to investing in e-invoicing. The funding is part of the AUD 67.5 million (ca. EUR 41.5 million) Fighting Scams package announced in the Federal budget and marks the next phase in combating cybercriminals.
Updated Timetable will be in effect for the PINT A-NZ migration
An adjusted plan for the PINT A-NZ migration will be implemented, requiring businesses and service providers in Australia and New Zealand to undertake actions in adherence to the updated changes.
Australia and New Zealand announce the plans for PINT A-NZ migration
The Australian and New Zealand Peppol Authorities are implementing the PINT A-NZ specification, which will be the mandated version.
Introduction of a new e-Invoicing hub for businesses in Newcastle
For businesses in the Hunter region of New South Wales, a new e-Invoicing Hub has been established to help increase productivity and fight fraud.
Australia sets sights on Peppol for B2B e-invoice exchange
In addition to the mandate for Commonwealth government agencies to receive e-invoices by 2022, the Australian Government is now investigating options for the introduction of electronic invoicing in the B2B sector.
New South Wales accelerates the e-invoicing adoption in Australia
The New South Wales (NSW) governmental agencies are obliged to adopt e-invoicing for goods and services up to the value of AUD 1 million by 1 January 2022. By making this change six months ahead of the national e-invoicing mandate, the Government will become one of the first states to drive the adoption of electronic invoicing in the country.
Australia announces more funding for e-invoicing adoption
As of 1 July 2022, e-invoicing for all Commonwealth agencies will become mandatory in Australia. To encourage the adoption of electronic invoicing, the Government will provide AUD 15,3 million in funding.
Australia takes first steps towards national B2B e-invoicing mandate
In addition to the mandate for Commonwealth government agencies to begin e-invoicing by 2022, the Australian Government is now investigating options for mandatory e-invoicing in the private sector.
Pagero selected for Australian government e-invoicing panel
Pagero has been pre-approved as a service provider for Australian government e-invoicing. In addition to the plan for mandatory government e-invoicing, the Treasury has now opened consultation for options to be considered for mandatory e-invoicing by all businesses.
Australian Government appoints $3.6m to mandate e-invoice adoption
The Australian Government has announced a new digital business plan to drive Australia’s economic recovery, including $3.6 million AUD towards mandating the adoption of electronic invoicing.
Country Specifications
E-Invoicing/CTC Model:
– B2G: Peppol
– B2B: Post Audit
Mandatory Infrastructure:
– B2G: Peppol
– B2B: N/A
Mandatory Format:
– B2G: Peppol BIS AU-NZ,
– B2B: N/A
Mandatory for Issuing:
Formally, no explicit requirements
Mandatory for Receiving:
– B2G: Partially Implemented (Peppol)
– B2B: Buyer’s consent required
eSignature:
Not Required
Archiving Period:
5 years
Archiving Abroad:
Allowed under conditions