Queensland’s container refund scheme operator, Container Exchange (COEX), has announced an extension to payment terms for beverage manufacturers following industry consultation on the scheme’s pricing framework.
From April, payment terms will move to 25 business days, with the change automatically applied to March 2026 invoices. The change replaces the previous five business day requirement and is intended to align more closely with standard industry practices.
COEX said the revision follows consultation last year with beverage manufacturers and peak industry bodies on proposed changes to the scheme’s pricing framework.
Recently appointed COEX interim CEO Trevor Evans said the consultation process was aimed at improving how the framework operates for participants.
“Beverage manufacturers have been clear about the importance of certainty and stability, and we’re taking that feedback seriously,” Evans said.
“We are committed to working closely with industry to improve the scheme pricing framework so it continues to support the container refund scheme and strengthen the circular economy.”
In addition to extending payment terms, COEX said it is continuing work on other elements of the pricing framework. These include transitioning to a cost-reflective pricing model, establishing a long-term pricing formula, and introducing a zero-fee container threshold. The organisation said updates will be provided as these initiatives are finalised throughout 2026.
Containers for Change commenced in November 2018. Prior to its launch, 18 per cent of beverage containers were recovered and recycled in Queensland. COEX reports that more than two in three eligible containers are now returned through the scheme.
Under the program, Queenslanders can receive a 10-cent refund for each eligible drink container returned or donate the refund to a nominated community group.
COEX operates the scheme as a not-for-profit on behalf of the Queensland Government.
