Starting 1 July 2026 (if passed as law), Australian employers will be required to pay employees’ superannuation contributions at the same time as wages — a move commonly known as Payday Super. This change, announced in the 2023–24 Federal Budget, is designed to help workers grow their retirement savings faster and reduce unpaid super across the workforce.
What is Payday Super?
Currently, employers are only required to pay superannuation contributions quarterly. Payday Super means employers will have to pay super at the same time as each payroll run — whether weekly, fortnightly, or monthly.
Why It Matters
According to the Australian Taxation Office (ATO), millions of dollars in super go unpaid every year. By aligning super payments with payroll, Payday Super will:
- Help employees keep track of their retirement savings in real-time.
- Reduce the risk of unpaid or underpaid super.
- Improve compliance and visibility for the ATO.
Learn more about Super Guarantee
What Employers Need to Do
Although the start date is 1 July 2026, employers should start preparing early:
- Check your payroll software – Ensure it can support real-time super payments.
- Review internal processes – Align your cash flow and payment processes to handle more frequent super payments.
- Talk to your bookkeeper or accountant – Understand how Payday Super may affect your reporting obligations.
How Holzworth Partners Can Help
We’re already working with employers to transition toward Payday Super compliance. Whether it’s reviewing your systems or helping you automate super through your accounting software, we’re here to ensure you’re ready well before the deadline.
Get in touch with our team to schedule a Payroll Health Check.
Disclaimer: This information is general in nature and based on legislation as at 1 June 2025. Please seek personalised advice for your business.