The Federal Government has introduced into Parliament the legislative bill to enact its proposed changes to the payment of super by employers. Currently, super needs to be paid within 28 days of the end of each quarter. However, these “Payday” changes propose to require employers to pay their employees’ super at the same frequency as their wage payments. Effectively, this will require employers to pay super weekly, fortnightly or maybe monthly, depending on their current payroll payments.

These payments will need to be made within 7 days after payday except for certain circumstances where the timeframe will be extended such as once-off payments made for new employees or unique payments outside the regular pay cycle. There will also be corresponding changes to the super guarantee charge system which is implemented when employers pay their super commitments late.

The other important change is that the Small Business Superannuation Clearing House will be retired from 1 July 2026. This has already been closed to new users from 1 October 2025 but from 1 July 2026, impacted small businesses will need to seek solutions from software providers to ensure they meet their superannuation payment and reporting commitments.

If you would like further information on this or need help exploring your payroll options, please do not hesitate to contact us.