25 October 2018
Media Release - #2018027, 2018

Australia and New Zealand sign Trans-Tasman e-Invoicing arrangement

The Australian and New Zealand Governments formalised an arrangement on e-Invoicing today to set out how the two countries will create and maintain a common approach.

The Assistant Treasurer, the Hon Stuart Robert MP and the New Zealand Minister for Small Business, the Hon Stuart Nash MP met in a ceremony at Parliament House this morning to sign the Australia and New Zealand Government Electronic Invoicing Arrangement.

“I am very pleased to be meeting with Minister Nash today to sign the Arrangement, and to be making such significant progress with our work on trans-Tasman e-Invoicing,” Mr Robert said.

Signing the Arrangement is the latest milestone in the Australian and New Zealand Governments' commitment to progress e‑Invoicing as part of the Single Economic Market agenda, which aims to create a seamless Trans-Tasman business environment.

The objective of the Arrangement is to create and maintain a common Australia and New Zealand e‑Invoicing approach in order to improve productivity and reduce the costs of doing business for both government and industry through an interoperable single digital economic market.  It builds on the work of the Australian Digital Business Council.

E-Invoicing will help businesses save time and money by allowing the direct exchange of invoices between suppliers' and buyers' financial systems.