- B2G
- Deadlines
Australia Allocates Additional $15.3 Million to Boost E-Invoicing Adoption
Australia commits an additional $15.3 million to accelerate e-invoicing adoption, supporting Treasury and ATO initiatives ahead of mandatory Commonwealth agency implementation.
Australia has announced further funding of AUD 15.3 million to accelerate the rollout and adoption of e-invoicing, ahead of the mandatory requirement for all Commonwealth agencies starting 1 July 2022.
The funding forms part of the Government’s broader Digital Business Plan and is intended to strengthen awareness, technical readiness, and ecosystem integration across both public and private sectors.
Who Will the Funding Support?
The investment will support initiatives led by the Australian Treasury and the Australian Taxation Office, which also acts as Australia’s Peppol Authority.
Key initiatives include:
- Educational campaigns to increase business awareness
- Collaboration with state and territory governments to expand public sector adoption
- Integration efforts with payment providers such as Visa, Mastercard, and the New Payments Platform Australia
- Supply chain pilot programs with large enterprises
- Ongoing consultation on regulatory and non-regulatory measures to drive broader adoption
Expected Impact
The Government anticipates that these measures will accelerate the uptake of Peppol-based e-invoicing across Australia and lay the groundwork for a potential nationwide mandate.
A universal e-invoicing framework is expected to:
- Improve interoperability between different business systems
- Reduce invoice processing time
- Increase payment speed
- Enhance scalability across supply chains
With mandatory public sector adoption already scheduled, this additional funding signals Australia’s continued commitment to expanding structured digital invoicing across the economy.
Sources
Official sources for this update are being added during regulatory review.
- Article published
- 20 May 2021
- Effective date
- Not set
- Content review
- Pending regulatory review
Australia: current requirements
- B2B
- Upcoming
- B2G
- Mandatory
- B2C
- Not confirmed