Key Summary of ‘Payday Super’ Coming into Effect from July 1, 2026
From July 1, 2026, the ‘Payday Super’ system will be officially implemented in Australia. This system mandates employers to pay superannuation on the same day they pay their employees’ wages. What changes for employees? Previously, employers could pay superannuation quarterly (every 90 days), but now they must pay it simultaneously with each pay cycle (weekly,…