Payday Super

Starting 1 July 2026, Australian employers must align superannuation guarantee (SG) payments with payroll cycles, ensuring funds reach employee accounts within 7 business days. This shift from quarterly to "Payday Super" requires contributions to be made alongside salary or wages. 

Key details include:

• Deadline: Contributions must arrive within 7 business days of pay day.
• New Hires: First contributions are due within 20 business days.
• Rate: The SG rate remains 12%.
• Compliance: Late payments incur the Superannuation Guarantee Charge (SGC) and potential Fair Work Act breaches
• Penalties:  From 1 July 2026, penalties are 25% or 50% of the unpaid SGC, depending on any prior penalties.​