Payday Super Changes
Payday Super represents one of the most significant changes to employer superannuation obligations in recent years. While the reform does not take effect until 1 July 2026, preparation is essential to avoid compliance issues and unnecessary costs.
Our team of superannuation accountants in Geelong are already working with businesses to ensure they understand what’s changing and how to prepare well in advance. What will these changes mean for your payroll processes and cash flow?
What Is Changing With Payday Super?
From 1 July 2026, superannuation payments will no longer be made quarterly. Instead, employers will be required to pay super at the same time as wages are paid.
This means:
- Super must be paid on each pay run (weekly, fortnightly or monthly)
- Contributions must be received by the employee’s super fund within 7 business days of payday
- Late or missed payments will attract stricter penalties under an updated Superannuation Guarantee Charge (SGC), including interest and administrative uplifts
For many employers, particularly those managing tight cash flow, this will be a major operational change. Are your current payroll and superannuation processes ready for the upcoming changes?
Engaging a small business accountant in Geelong early can help ensure payroll systems and processes are ready.
Closure of the SBSCH
Another important change is the closure of the ATO Small Business Superannuation Clearing House (SBSCH) from 1 July 2026. Employers currently using this service will need to transition to an alternative solution, such as payroll software with integrated super payments or a commercial clearing house.
Do you know what steps your business needs to take before 1 July 2026? Your HJC superannuation accountant can assist in selecting and implementing a suitable option ahead of the deadline.
Current vs Future Super Payment Deadlines
Now
Super guarantee payments must be received by the employee’s super fund within 28 days after the end of each quarter. Payments can be made quarterly or more frequently.
Quarterly due dates are 28 October, 28 January, 28 April and 28 July.
From 1 July 2026
Super guarantee payments must be paid on payday and received by the employee’s super fund within 7 business days.
Some limited exceptions apply, such as for new employees.
Increased ATO Enforcement on Late Payments
The ATO is continuing to take a stricter approach to late lodgements and unpaid obligations. Penalties for late BAS lodgement or payment currently start from $330 per month and can escalate quickly. To reduce the risk of fines, we strongly encourage businesses to provide BAS information promptly after the end of each quarter. This allows sufficient time for accurate preparation, review and approval prior to lodgement. Have you reviewed whether your existing systems are set up for these changes? Working closely with your tax accountant in Geelong helps minimise exposure to avoidable penalties.
Get Advice Early
Whether you operate locally and work with a Geelong or Torquay accountant, the upcoming Payday Super changes will affect how every business manages payroll and cash flow. Early planning with a trusted business adviser company can reduce disruption and ensure ongoing compliance.
Reach out to HJC’s experienced super accountant professionals to book a confidential discussion about how these changes will impact your business.
Visit the ATO website for the fine print.
