Payday Super: IMPORTANT – It is Happening from 1 July 2026

Following on from our update on 2 September 2025 (Payday Super: What Employers Need to Know Before July 2026), Payday Super was passed into law by the Parliament earlier this week.

 

What Does This Mean for Employers from 1 July 2026?

 

• Employers will be required to pay their employees’ superannuation at the same time as their salary and wages. Compulsory superannuation contributions generally will need to arrive in employees’ superannuation funds within seven (7) business days of payments of those salary and wages.
• An extended timeframe of twenty (20) business days will exist for first-time superannuation contributions made on behalf of new employees or employees who have switched superannuation funds.
• Employers will be liable for the superannuation guarantee charge (SGC) unless contributions are received by their employees’ superannuation fund within the required timeframe.
• If you currently use the Small Business Superannuation Clearing House (SBSCH) to pay superannuation contributions, this channel will be retired by 1 July 2026, so you will need to setup an alternative payroll software solution to continue making superannuation contributions.
• More information will be required to be transmitted through Single Touch Payroll (STP) filings, so ensure that you have actioned all updates from your payroll software provider before 1 July 2026.

 

How Does This Change Financially Impact Employers From 1 July 2026?

 

Cashflow will become an even greater priority for businesses. Businesses will need to ensure that they have sufficient cashflow on a regular and ongoing basis to meet their employee superannuation payment obligations.

 

Critically, cashflow in July 2026 will be paramount because many businesses will cop a double-hit by also having to fund the payment of employee superannuation from the previous month or quarter, in addition to the superannuation liability on payrolls in July 2026.

Is there any Guidance from the ATO on Implementation?

 

The ATO has released a draft Practical Compliance Guideline for consultation, PCG 2025/D5 (https://www.ato.gov.au/law/view/document?DocID=DPC/PCG2025D5/NAT/ATO/00001&PiT=99991231235958#A1), outlining how it plans to enforce Payday Super during the first year of operation.

 

How Macro Group can Help Employers before 1 July 2026?

 

Regardless of your payroll cycle, we can help you:

• Assess your current systems.
• Plan for compliance.
• Forecast your cashflow.
• Avoid last-minute stress.

If you would like to chat about how this change affects your business, reach out to the Macro team. We’re here to help.

 

Date: 06/11/2025

The Macro Group Limited AFSL:485843 Tax Agent Number 24 76 5236.

The information in this article  contains general information only. We have not taken into consideration any of your personal objectives, financial situation or needs. Before taking any action, you should consider whether the general advice contained in this communication is appropriate to you having regard to your circumstances and needs, and seek appropriate professional advice if you think you need it. We recommend that you consult a licensed or authorised financial adviser if you require financial advice that takes into account your personal circumstances.