19/06/2026
PAYDAY SUPER IS COMING
From 1 July 2026, the ATO is introducing Payday Super, a major change requiring employers to pay superannuation at the same time as wages, replacing the current quarterly payment system.
The new changes mean that employers will have seven days for an employee's SG to be received by their super fund.
The changes will also affect super accrued during the April to June quarter. Any contributions made from 1 July 2026 will be allocated to the oldest outstanding amount. This could mean that contributions intended for pay runs after 1 July 2026 may end up allocated to the prior period resulting in late payments on their July obligations.
While it may seem like a small change, it could have a significant impact on your cashflow, payroll processes and day-to-day administration for many businesses.
Contact our office for more information on this or read our full blog below👇🏼
https://www.macmillans.com.au/payday-super-guide/