Payday super is a new system that has been proposed to take effect from 1 July 2026 (but is not yet law). Under this system, employers will be required to pay the super contributions to the employee’s 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 will be updated to help facilitate the change, making it a more streamlined process.

If you’re using QuickBooks, it has already updated the payroll software to support super payments at the time you lodge the pay runs, so you can start lodging more frequently whenever you wish.