Payday Super: The Super-Duper Super Rule!

Alright, superstars, buckle up because from 1 July 2026, employers will need to pay their employees' super right alongside their wages. No more “I’ll pay that later”—it’s time to sync up those payments like matching socks. Here’s what you need to know, minus the snooze factor!

What’s Changing?

Currently, employees' super is payable 28 days after the end of each quarter but from 1 July 2026, your employees’ super needs to land in their accounts within 7 days of payday (Whoa, Nellie!) Miss that window, and you’ll face the dreaded Super Guarantee Charge (SGC). Imagine showing up late to a party and getting hit with a cover charge—SGC’s kind of like that, except with added interest and penalties. Ouch!

Quick Tip: Each payday sets off a new 7-day countdown clock for super. Tick-tock—don’t let the ATO catch you snoozing!

SGC: Now With Extra Spice

The SGC is getting beefed up with three tasty layers:

1. Outstanding SG Shortfall: The ‘whoopsie’ fee for unpaid contributions.

2. Notional Earnings: Interest that makes sure your employees get what they should’ve had on time.

3. Administrative Uplift: A fancy way of saying “we’re charging you more to cover our time.”

Bye-Bye SBSCH, Hello Faster Payments!

The Small Business Superannuation Clearing House (SBSCH) is officially clocking off in 2026. That’s right, it’s hanging up its boots and making way for a faster, slicker way to pay super.

And here’s another kicker: super funds will soon have to process payments within just 3 business days, down from the old-school 20. That’s not just a change… that’s a glow-up.

With payroll software like our mate Xero now offering Auto Super in all plans, it’s time to ditch the detours and embrace automation. 😉 So, if you're still using the SBSCH or another external clearing house, consider this your friendly nudge (or loving shove): now’s the time to move on. Your future self (and your payroll person) will thank you.

Heads Up: With these changes, employers will need to report both ordinary times earnings (OTE) and total super liability via Single Touch Payroll (STP), so make sure your software’s up to the task! (Xero user's can breathe easy here as they have it in the bag).

Lastly, the ATO’s data game is strong—real-time super fund matching means they’re spotting late payments faster, so keep everything up-to-date and error-free!

So What Do You Need to Do by 1 July 2026?

• Sync Up: Payroll and super payments go hand-in-hand now—no more lag time!

• Ditch the SBSCH Xero’s got your super sorted through Auto Super.

• Keep Records: Staying organised isn’t just smart; it’s mandatory. Keep track so you don’t get caught out.

• Check SuperStream Compliance: Make sure your payroll software is prepped and ready for the new rules—trust us, you’ll thank us later and yep Xero has got this in the bag.

Bottom Line: Get Super Ready!

This new rule isn’t about small changes; it’s a payday revolution! Get your systems in shape and mark your calendars cos super isn’t just a side gig anymore.  

And remember, if you can't afford to pay your employees' super, you can't afford to pay employees!

*Disclaimer: This is proposed legislation, not set in stone yet, but we thought a little prep couldn't hurt!

We are All In to help you get it right, every time. So let’s make super... well, super. Need help? We've got your back AND your numbers so feel free to contact us.

Disclaimer: The information provided is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice