The Business Payment Practices Act 2023 will bring greater transparency to business-to-business payments. Large organisations will be required to collect data on how long they take to pay their bills and disclose this information on a public register.
About the register (coming soon)
We are currently building the Business Payment Practices Register.
Information for reporting entities (coming soon)
Entities with revenue over $33 million and third-party expenditure over $10 million will need to disclose their payment practices.
How you can stay up to date
We will update the information here when it is available. You can also choose to receive updates from us directly.
Sign up to receive updates from usLast updated 31 August 2023