Payday Super news for employers
This week the government introduced legislation into parliament to give effect to Payday Super.
The Bill confirms that from 1 July 2026, employers will need to pay super at the same time as salary and wages.
Employers should begin preparing now to be able to pay their super contributions more regularly. For some, it will be a stretch to get their cash flow in order.
To help employers prepare, the ATO has released draft guidance on their compliance approach for the first year, and inviting feedback until 7 November 2025.
So far the Government has introduced the Treasury Laws Amendment (Payday Superannuation) Bill 2025 and the Superannuation Guarantee Charge Amendment Bill 2025. This measure is not yet law.
Omnis will continue releasing updates to help employers get ready. For more information, visit https://www.ato.gov.au/about-ato/new-legislation/in-detail/superannuation/payday-superannuation or call our team on 08 9380 3555.
Source: ATO