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Showing 1 - 6 of 6 results for "new Payday Super"

IFS recovers record $250m in unpaid super

RIDDHIMA TALWANI  |  FRIDAY, 7 AUG 2026
... require active recovery efforts, IFS said. "Where employers carry legacy super arrears, there is also a risk that new Payday Super contributions may be applied against older outstanding balances, potentially creating confusion about an employer's overall ...

Payday Super to tackle gender super gap: Aware Super

KARREN VERGARA  |  MONDAY, 29 JUN 2026
... created by quarterly payment cycles, according to Aware Super. The $245 billion super fund is ushering in the new Payday Super regime, which kicks into gear on July 1, as "one of the most meaningful improvements to Australia's retirement savings ...

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

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... The consultation for the performance test commenced last week, which was well-received by the industry. "The new payday super laws from 1 July will mean that for the first time, the ATO will soon have real-time visibility on which workers have been unpaid ...

Rest launches clearing house solution

ELIZA BAVIN  |  WEDNESDAY, 3 DEC 2025
... developed in partnership with the fund's current administrator MUFG Retirement Solutions and tech company Wrkr. The new Payday Super requirements will commence on 1 July 2026, requiring employers to pay their employees' superannuation guarantee contributions ...

Smaller super funds unfairly burdened by regulatory levy model: CPA

ANDREW MCKEAN  |  WEDNESDAY, 30 APR 2025
... not sufficient to prepare the organisation for the much-needed investment that will be required to manage with new Payday Super requirements. "The levies attributable to the GNGB is forecast to increase by just $100,000," he said. "However, in addition ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... superannuation contributions within seven days of paying wages will face harsh penalties under the government's new Payday Super laws. Releasing its proposed framework today, the government outlined further details it plans to include in legislation ...
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