From 1 July 2026, employers will be required to make superannuation contributions at the same time as their employees regular wages.

Currently superannuation needs to be received by the employees fund on or before the quarterly super due dates.  This is 28 days after the end of the quarter i.e., the September quarter superannuation is due by the 28 October.

Payday super gives the employer seven days to make the super contribution.  

Having this in place will naturally place increased stress on employer’s cash flow as contributions will be have to made during the quarter not just at the end.

McNamara & Company - Chartered Accountants, located minutes from the Melbourne CBD
www.mcnamaraandco.au/contact-us
Phone +61 3 9428 1062
Email admin@mcnamaraandco.au

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