On 6 May 2021, as part of A modern digital economy to secure Australia's future, and following consultation by Treasury, the Australian Government announced further investment to increase business awareness of e-invoicing as part of its Digital Economy StrategyExternal Link, reflecting its ongoing commitment to e-invoicing.
Following the commitment to make e-invoicing mandatory for Australian Government agencies by July 2022, the government is investing $15.3 million to improve awareness of the value of e-invoicing for business and to increase adoption.
The Australian Peppol Authority (ATO) and Treasury will deliver activities, including:
- pilots to gain insights into the use of e-invoicing and e-procurement
- continue to work with states and territories to increase public sector adoption
- educational activities to raise business awareness
- working with payment providers (for example, EFTPOS, Visa, Mastercard, NPP Australia) to explore opportunities on how e-invoicing can complement the payment experience for business
- further consultation on potential regulatory and non-regulatory ways to accelerate e-invoicing adoption.
- 2021–22 Budget Paper No. 2External Link
- Prime Minister joint media release – A modern digital economy to secure Australia's future, 6 May 2021External Link
- eInvoicing – electronic invoicing information on our website