Consultations underway for payday super changes

From 1 July 2026, employers will need to pay their employees’ super at the same time as their salary and wages. Currently, employers are only required to pay their employees’ super on a quarterly basis.

Payday super will ensure employees have greater visibility of whether their super has been paid. The changes will also better enable us to recover unpaid super from employers.

Payday super measures were announced in the 2023–24 Budget. Since then, we’ve been working with Treasury and a wide range of industry bodies to co-design the measure. As well as employers, registered tax professionals and digital services providers, these include:

• Superannuation Administration Group
• Superannuation Industry Stewardship Group
• super funds
• clearing houses.

Be part of the consultation process

If you’d like to give feedback on the policy aspects of payday super, Treasury have released a consultation paper External Link. Consultation is open until 3 November, and the insights will inform how the measures are implemented.

The final design will be determined by Government and considered as part of the 2024–25 Budget.

If you have any questions, feel free to ask them in the comment section. We will be happy to answer all your queries.