Payday Superannuation: What You Need to Know

In the 2023-24 Budget the Government announced that from 1 July 2026 employers will be required to pay their employees’ superannuation guarantee (SG) at the same time as they pay their salary and wages. The legislation was introduced to parliament on 9 October 2025.

What is Payday Superannuation

Under the proposed new legislation employers will be required to pay superannuation guarantee contributions at the same time as salary and wages. Contributions will need to reach the employees’ superannuation fund within seven business days of the payday which it relates to.

There will be an extended timeframe to pay contributions in certain circumstances, such as the first time contributions are made for an employee (e.g. new employee), when a payment is made outside the regular pay period and other exceptional circumstances such as natural disasters.

Closure of Small Business Superannuation Clearing House

The Small Business Superannuation Clearing House (SBSCH) will cease to operate from 1 July 2025. Any businesses currently using the clearing house will need to find an alternative option for paying superannuation contributions.

What does Payday Superannuation Mean for Businesses

Businesses are currently required to pay the employees’ superannuation guarantee contributions by the 28 day following the end of the quarter - e.g. 28 October for salary and wages paid in the quarter - 1 July to 30 September.

From 1 July 2026, the frequency of paying superannuation will increase. If you pay employees weekly you will be required to pay superannuation weekly, or if you have a fortnightly pay cycle you will be required to pay superannuation fortnightly.

As well as increased compliance issues, the payday superannuation may also have impacts on business’ cash flow.

What Can Businesses do Now to Prepare?

Most payroll software providers should already be looking at the changes they will be required to make to satisfy the new legislation.

If you are currently using the SGSCH you may wish to contact us to discuss your options going forward.

For More Information

Preparing early will help your business remain compliant and manage any operational impacts. For more information, please feel free to contact our adviser team should you require any additional guidance or support during this transition on (07) 3002 2699 | info@agredshaw.com.au.