Payday Super is here. The businesses that thrive are the ones that prepare
Starting July 1, 2026, superannuation payments will be required with every pay run, replacing the previous quarterly system. This change aims to simplify administration for small businesses but poses challenges for cash flow management. Businesses that adapt early and automate their payroll processes are likely to thrive under the new regulations.
- ▪The Payday Super legislation eliminates quarterly super payments for Australian businesses.
- ▪From July 1, super contributions must be calculated and remitted with each pay run.
- ▪This shift requires businesses to manage cash flow more frequently and accurately.
Opening excerpt (first ~120 words) tap to expand
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.