Payday Super will require employers to pay Superannuation Guarantee (SG) contributions to employees with every pay cycle. Payday Super was announced by the government as part of the Securing Australians' Superannuation package in the Federal Budget 2023-24.
Our members will be key to delivering Payday Super and implementing the necessary changes to payroll and superannuation processes.
Member Updates
DSPANZ is facilitating updates on Payday Super and the ongoing consultation process with our members. These meetings are run on
an ad-hoc basis. Members can access materials and summaries from this group here
or by following the link below.
Resources
Payday Super Policy Design Announcement
Statement from DSPANZ welcoming the joint announcement from the Treasurer and Assistant Treasurer on the policy design details for delivering Payday Super.
Payday Super Implementation Concerns
Statement from DSPANZ outlining our concerns about the implementation of Payday Super.
Payday Super
DSPANZ provided a submission on the Treasury's Securing Australians' Superannuation - Budget 2023-24 consultation on 3 November 2023. Read more and access a copy of the submission.
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Your Future Your Super Measures Review
We provided a submission to Treasury's Superannuation Efficiency and Performance Unit on the Your Future, Your Super Measures Review on 14 October 2022. Access a full copy of our submission here.