Payday Super- what it means for your business.

From 1 July 2026, employers will need to pay super at the same time as wages, not quarterly. This means your employee’s super fund must receive the contribution within 7 business days of payday.

Why the change?
It is designed to reduce unpaid or late super, improve transparency and give employees more time for their savings to grow.

What employers need to prepare for:
• A new compliance requirement. Super must arrive within 7 business days.
• Stronger penalties for late or missing payments.
• A review of payroll systems, software, processes and cash flow to ensure contributions can be made on time.
• Slightly longer timeframes may apply for new employees in some cases.

If you need help reviewing your payroll process or understanding what this change means for your business, the team at Square Penny can support you to prepare with confidence. Call us 1300 472 412.