Major Superannuation Changes Confirmed – What Employers Need to Know

The Australian Government has confirmed significant reforms to employer superannuation obligations commencing 1 July 2026, including:

  • Introduction of Payday Super
  • A new qualifying earnings calculation method
  • Closure of the Small Business Superannuation Clearing House (SBSCH)

These reforms represent one of the most significant changes to superannuation compliance in recent years.

Payday Super

Under Payday Super, employers will be required to pay superannuation at the same time as wages, with contributions required to reach employees’ super funds within seven calendar days of payday.

This shifts super from a quarterly compliance task to an ongoing payroll obligation. For businesses currently paying super quarterly, this may impact:
  • Payroll processes and timing
  • Cash flow management
  • System capability and automation
  • Internal payroll controls
From July 2026, the Superannuation Guarantee will remain at 12%, however it will be calculated on a standardised “qualifying earnings” base.
Qualifying earnings will include:
  • Ordinary time earnings
  • Commissions
  • Certain allowances and bonuses
  • Relevant contractor payments
  • Applicable salary sacrifice amounts
Closure of the SBSCH

The Small Business Superannuation Clearing House (SBSCH) will permanently close on 1 July 2026.

Employers who rely on SBSCH will need to transition to:
  • An alternative clearing house, or
  • A payroll-integrated super payment solution

Early planning is strongly recommended to avoid disruption.

What This Means for Employers

These changes significantly increase the importance of:
  • Payroll accuracy
  • Timely processing
  • Correct employee classifications
  • Accurate super fund data
  • Cash-flow planning
  • Robust internal payroll controls

We encourage employers to begin reviewing systems and processes well ahead of July 2026 to ensure compliance and minimise risk.

Need Support?

Explore Potential can assist with:
  • Payroll compliance reviews
  • Superannuation obligation audits
  • Employment classification checks
  • Internal payroll process mapping
  • Transition planning for Payday Super
If you would like to discuss how these reforms may impact your organisation, please contact:

 
Nicole Swaine
Explore Potential

7095 1830
info@explorepotential.com.au