From 1 July 2026, employers will be required to pay their employees’ super guarantee entitlements on the same day that they pay their salary and wages.
Currently, at a minimum SG is paid quarterly.
The Government will undertake a consultation process with the aim of providing details of the final design of the measure in the 2024-25 Federal Budget.
Media Release: Introducing payday super
The proposed change is a continuation of the Australian Tax Office’s digitisation process, compelling businesses to move towards electronic data submission. If you are unsure of your need to comply, please speak with your BBB Adviser.
