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Showing 1 - 10 of 89 results for "Unpaid super"

ATO sounds alarm as Payday Super deadline nears

VINNY VUCAGO  |  MONDAY, 25 MAY 2026
... wages, despite the incoming reforms requiring contributions to be paid on payday. The changes are designed to reduce unpaid super, which the ATO estimates currently totals around $6 billion owed to Australian workers. "We understand Payday Super makes ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... swiftly act on other measures and reforms, including the super performance test and ATO's target to facilitate unpaid super, which is costing Australians close to $6 billion per year. The consultation for the performance test commenced last week ...

Unpaid super costs workers $24.4bn: SMC

VINNY VUCAGO  |  MONDAY, 4 MAY 2026
... to almost $6 billion a year being lost in retirement savings. State-by-state data highlights the uneven impact of unpaid super across the country. While New South Wales recorded the highest total shortfall, other large states also saw significant losses ...

Cbus calls for tax reform on TPD payouts in pre-Budget submission

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
... transition into retirement - and help us support them better along the way." The super fund also called for the end of unpaid super and stopping scams and high-pressure selling tactics. "Australians' retirement savings can be put at serious risk ...

SMEs prepare for Payday Super cashflow crunch

RIDDHIMA TALWANI  |  FRIDAY, 9 JAN 2026
... Treasurer Jim Chalmers said the reforms will help stop "disreputable" employers from exploiting their employees, with the unpaid super bill currently sitting at over $5 billion. Treasury said the reform is designed to make it easier for employees to ...

ATO to restrict travel over unpaid super obligations

ELIZA BAVIN  |  WEDNESDAY, 7 JAN 2026
The Australian Taxation Office (ATO) said it is actively using departure prohibition orders (DPOs) as part of a broader shift towards strengthening payment performance and debt collection. A DPO is an enforcement action available to the ATO to prevent ...

Cbus launches Age Pension campaign

ANGELIQUE MINAS  |  THURSDAY, 20 NOV 2025
... work before super was compulsory, facing lower super rates early on, and experiencing periods of insecure work or unpaid super, the report identifies that tradespeople are disproportionately affected. The report showed that less than four in 10 trade ...

Industry bodies offer Payday Super resources

KARREN VERGARA  |  TUESDAY, 11 NOV 2025
... Payday Super legislation passed on November 4. The passage comes as employers and super funds struggle to control the unpaid super problem, which has reached nearly $6 billion. Meanwhile, The Gateway Network Governance Body (GNGB) released a timeline ...

Payday Super laws passed

ELIZA BAVIN  |  TUESDAY, 4 NOV 2025
... retirement outcomes. ASFA chief executive Mary Delahunty said the reform will go some way to address the problem of unpaid super, which sees more than $5 billion in retirement savings withheld from Aussie workers each year. "Payday Super is one of the ...

Unclaimed super pot hits $19bn: ATO

ELIZA BAVIN  |  THURSDAY, 30 OCT 2025
... employers from exploiting employees. The Super Members Council (SMC) said the law will be a gamechanger in tackling unpaid super which now costs Australian workers $5.7 billion a year. "The introduction of Payday Super legislation has been a long time ...
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