New Payday Super rules come into effect from 1 July 2026
It's time to start getting your business ready
Hi there,
From 1 July 2026, the way employers pay super is changing. It’s one of the biggest super changes in years, but with the right setup it can become just another part of your normal pay run.
What's changing?
Frequency
Super will need to be paid into employees' funds at the same time they're paid, and reach the super fund within 7 business days.
Calculation & reporting
Qualifying Earnings (QE) is a new term being introduced as part of Payday Super. Super will be calculated as 12% of QE. STP reporting requirements will also change to reflect the introduction of QE.*
Late payment penalties
Employers who don’t pay the correct super amount, on time, or to the right fund, may need to pay the super guarantee charge (SGC), along with interest and penalties.
*Norfolk Island is 11% from 1 July 2026 and 12% from 1 July 2027.
A new version of MYOB Acumatica will be released to ensure you're ready for 1 July 2026, including:
New QE liability settings for each pay item.
Updated STP reporting to automatically include year-to-date QE amounts.
A new, automatically set annual maximum super contribution, similar to how the previous quarterly limit was applied.
Enhancements to the super batch process to help you manage super contributions for adjusted pays, ensuring out of cycle payments hit your employees’ next regular payday.
You don’t need to change anything today – but now is a good time to start understanding what’s ahead, so you can plan and make sure you’re compliant with the new rules.
For more information on the changes visit our website.
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