Pay On-Time Survey performance reports

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The Australian Government has updated the way non‑corporate Commonwealth entities (NCEs) report on their payment performance against the Department of Finance Supplier Pay On‑Time or Pay Interest Policy (the Policy).

Under the government’s Pay On‑Time Survey, the Treasury previously had responsibility for conducting a survey of the payment performance of NCEs against the Policy for contracts valued up to $1 million (GST inclusive). Responses received as part of the survey were then collated in the Pay On‑Time Survey Performance Report (Report) prepared by the Treasury and published on the Treasury website.

With effect from 1 July 2022, the Department of Finance announced changes to the Policy and removed the $1 million threshold on invoices. This expanded the scope of the Policy to all businesses contracting with NCEs and removed the nexus to small business. Treasury released the final Report for the 2021–22 financial year on 5 April 2023.

The government is committed to ensuring material NCEs continue to adhere to and are transparent about compliance with the Policy. Updates to the Public Governance, Performance and Accountability Rule 2014 now require NCEs to publish performance information in relation to the Policy on their own websites. Department of Finance has issued guidance on information material NCEs must report. For further information, please refer to the Pay On-Time or Pay Interest Policy Template under the ‘Tools and Templates’ drop-down menu on the Department of Finance website.

Reports for prior financial years are available below.