Treasury has released payday super draft legislation, the Superannuation Guarantee Charge Amendment Bill 2025 for consultation.

If passed the legislation will amend the Superannuation Guarantee Charge Act 1992 to require super to be paid on payday instead of quarterly in arrears.

The Act will impose a late payment penalty when the SG charge remains outstanding after a specified period of time.

From 1 July 2026, employers will be required to pay their employees’ super at the same time as their salary and wages.

There will be a ban on advertising certain superannuation products to an employee during the employee onboarding process. This means that the only superannuation products that may be advertised as part of the onboarding of a new employee are MySuper products that meet the relevant conditions

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Author: David Jacobson
Principal, Bright Corporate Law
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About David Jacobson
The information contained in this article is not legal advice. It is not to be relied upon as a full statement of the law. You should seek professional advice for your specific needs and circumstances before acting or relying on any of the content.