From www.charteredaccountantsanz.com: The 2025-26 Federal Budget includes plans for the implementation of Pay Day Super, which requires employers to make superannuation contributions at the time of salary payments starting on July 1, 2026.

The Treasury has released an exposure draft of the legislation but has not allocated specific budget funds for the ATO to develop a real-time reporting system for employers, which is essential for the new system to function effectively.

Feedback from members is requested by April 11, as the proposed changes could significantly impact employers and payroll systems.