Regulator's update – July 2025
The Payment Times Reporting Regulator released their July 2025 update today. This update provides:
The Payment Times Reporting Regulator released their July 2025 update today. This update provides:
The Payment Times Reporting Regulator is committed to regular and open collaboration with stakeholders to build trust and strengthen relationships across the business sector. You're invited to attend the second online Stakeholder Liaison Forum for 2025 hosted by the Regulator, Ms Robyn Beutel. This Liaison Forum is the first opportunity to engage directly with the Regulator and her leadership team following the first reporting cycle under the reformed Scheme.
The Payment Times Reporting Act 2020 has been in operation for over 4 years.
The Australian Parliament passed the Payment Times Reporting Amendment Act 2024 (Amendment Act) on 3 July 2024 and the Payment Times Reporting Rules 2024 commenced on 13 September 2024.
This is the first Regulator’s update from recently appointed Regulator, Robyn Beutel. In this update Robyn highlights her priorities for 2025:
These priorities aim to get better outcomes for small businesses.
A summary of the submissions made in the recent consultation process and the changes we made to Guidance Materials in response is available to download. We saw strong interest in the content of the new reports during the consultation sessions and in the submissions we received.
The Payment Times Reporting Act 2020 has been in operation for over 4 years. Under the scheme, as at 31 July 2024, there were: