Reporting Entity System Transformation (REST) Program

The REST Program will replace the current AUSTRAC Online interface with a modern and user-friendly platform. This will improve AUSTRAC’s ability to process the significant volumes and types of data that you and other regulated entities provide to us on a daily basis. 

Several features have been delivered under the REST program to date, including:

• New capability to enable reporting entities to submit increased volumes of International Electronic Transfer Funds Instruction (IFTI-E) transaction reports 
  • Quick reference guides to navigate the new user interface for impacted reporting entities (ISO 20022 guidance).
• New IFTI-E schema enabling our entities to report in international standard format (ISO 20022).
• New enrolment and registration forms to provide a more user-friendly experience for providing your business information to us
• New sentiment function, an opportunity for users to provide feedback on the features and functionalities important when completing enrolment and registration forms  

We have also delivered internal features to support our engagement with reporting entities, including:

• A content management capability to more efficiently deploy the Annual Compliance Report and collect relevant and timely information from you and other reporting entities 
• An automated levy calculation system to enhance industry contribution processes with reporting entities.

We are continuing our work on strengthening and upgrading our online security, to ensure a good user experience. 

We are focused on delivering the following features in 2025: 

• A new AUSTRAC Online platform to replace the current AUSTRAC Online
• Uplifted Security features and functionality, further strengthening the security of information provided to AUSTRAC
• Uplifting transaction reporting processes.

Get involved

Engagement with our stakeholders is important to the REST Program as we deliver functionality.

If you are a reporting entity or industry association and would like to get involved or provide general feedback, send an email to haveyoursay@austrac.gov.au with your name, position, and business name.

REST Guidance

Below are the latest REST program guidance and supporting documentation:

Further guidance will be provided in the future to ensure transition is made as easy as possible, enabling you to continue to meet your reporting obligations.

• IFTI-E v2.0 schema and IFTI-E v2.0 schema specifications (zip, 849) 
• API specifications for IFTI-E reports are available on your AUSTRAC Online account, via the Transaction Reporting – Administration menu. 
• Access quick reference guides to use the new user interface:
  
  • User login and access (PDF, 413KB)
  • Uploading IFTI-E (PDF, 373KB)
  • Submissions table (PDF, 939KB)
  • Viewing and downloading a Transaction reporting receipt (PDF, 683KB)
  • File resubmission or no further action (PDF, 552KB)
  • IFTI-E single data entry guide for reporting ISO20022 messages (DRAFT) (PDF, 1.82MB)

Further guidance will be provided in the future to ensure transition is made as easy as possible, enabling you to continue to meet your reporting obligations.

The content on this website is general in nature and is not legal advice. Before you make a decision or take a particular action based on the content on this website, you should check its accuracy, completeness, currency and relevance for your purposes. You may wish to seek independent professional advice.

Co-design of the future AUSTRAC Online platform 

If your business is interested in getting a sneak peek of the future AUSTRAC Online platform, we will be running online early-round co-design sessions in June. The 60-minute sessions will be hosted on Microsoft Teams, allowing you to see the new platform, ask questions and provide feedback. Register your interest by emailing us at HaveYourSay@austrac.gov.au.

These sessions will be followed by more detailed co-design sessions as this work progresses.