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On 25 October 2018, the Australian Assistant Treasurer and the New Zealand Minister for Small Business signed the Trans-Tasman Electronic Invoicing Arrangement.
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.
The Australia and New Zealand Electronic Invoicing Board will administer this arrangement.