We tell you what you really need to know
By Tristan Lindner, Partner at Downing & Lindner Taxation & Business Services
FROM 1 July 2026, employers will need to pay employees’ superannuation at the same time as wages, not quarterly as it’s currently done. It’s called “Payday Super”, and it’s one of the biggest payroll changes in years. The idea is simple: employees get their super contributions more regularly, which helps build their retirement savings sooner and reduces unpaid super risks.
For employers, though, it means adjusting how and when you process super payments. If you currently pay super quarterly through a clearing house, you’ll soon need to move to a more frequent payment cycle, likely every pay run. This could mean reviewing your accounting software, payroll system, and internal cash flow management.
The good news is that most cloud-based payroll systems (like Xero, MYOB, and QuickBooks) are already preparing updates to make this transition smoother. Still, it’s a good time to check your settings, make sure your super fund details are up to date, and confirm that your SuperStream connections are working properly.
From an accountant’s point of view, starting early will make life much easier. You could potentially treat this year as a trial period, test your processes, identify any cash flow pinch points, and make sure your payroll data is clean and accurate.
Come July 2026, being prepared will mean a seamless switch with less stress, fewer surprises, and no last-minute scrambling to meet your obligations.
At Downing & Lindner, we’re committed to helping our clients meet their tax & compliance obligations. Please contact Tristan Lindner, Partner, on 07 5476 1511 for any accounting, taxation & business assistance.
