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eInvoicing and prompt payment rules take effect

Part of: Procurement news Procurement

Government agencies are now expected to pay businesses that send them eInvoices within 5 days under 2 of the new procurement rules that kicked in this month.

Mandated agencies must send and receive eInvoices and pay 95% of them within 5 business days and other domestic trade invoices within 10 days.

When the 5th edition of the Procurement Rules was published in October 2025 the percentage requirement was 90% but increased to 95% from 1 January 2026.

New Zealand Government Procurement General Manager and co-Chair of the Australian New Zealand eInvoicing Board Michael Alp says eInvoicing and prompt payment go hand in hand to deliver benefits for businesses.

“That’s what these new rules are designed to do, improve cash flow to businesses – especially small businesses – as well as setting a high standard for financial efficiency and transparency across the public sector.”

Rule 36: Prompt payment times

Rule 44: eInvoicing capability

More information

Government eInvoicing and prompt payment rules take effect — eInvoicing

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