Payday Superannuation now law

The Government has introduced a new law governing timely superannuation guarantee contributions called “Payday Superannuation”.

From Wednesday 1 July 2026, employers will be required to make Super Guarantee (SG) contributions at the same time as paying salaries and wages. Currently, employers still have up to 28 days after the end of each quarter to make SG contributions.

This policy has been designed to reduce unpaid or underpaid contributions to employees.

These changes will be incorporated into the Single Touch Payroll system which will mean that superannuation reporting will highlight any lack of compliance with the new policy.

It is important to note that the ATO Small Business Superannuation Clearing House (SBSCH) will be retired from 1 July 2026. This means that employers currently making superannuation contributions via this method will need to transfer to another method which meets the requirements for Payday Superannuation.

Failure to meet the requirements may result in penalties for late payments.

We recommend reviewing your payment schedule and systems now in readiness for the change.

If you have any questions about this change, please feel free to contact us.

Further information can also be found on the ATO website.