Payday super is a new system that takes effect from 1 July 2026. Under this system, employers will be required to pay the super contributions to their employee’s (and eligible contractors) super fund at the same time they pay their salary and wages.

From a cashflow perspective, this will make the payments smaller and more manageable and should avoid the stress of larger payments at the end of the quarter.  Payroll software has been updated to help facilitate the change, making it a more streamlined process.