Australia will require employers to make superannuation contribution payments at the same time as paying wages instead of quarterly starting July 1, 2026, under two acts that received assent Nov. 6.
The primary act making the change is the Treasury Laws Amendment (Payday Superannuation) Act 2025. Under the act, employers have a requirement to make superannuation contributions any time they make a payment of “qualifying earnings” to an employee. The term “qualifying earnings” is new and includes ordinary time earnings, salary sacrifice arrangements, and any other payments that are normally subject to superannuation contributions, the Australian Taxation Office said ...