With Interest

Payday super checklist


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Payday super is one of the most significant payroll changes in years, and businesses need to act now to be ready.

This episode is like a checklist, breaking down what the shift to real-time super payments means in practice, how compliance will work and what employers should be doing before the July deadline.

Key learnings:

  • What payday super actually requires beyond more frequent payments

  • How the seven-day contribution rule will affect payroll processes

  • Why cash flow planning is critical under the new system

  • How to prepare payroll systems and work with providers effectively

  • The risks of incorrect employee super fund data and how to fix it

  • What changes from ordinary time earnings to qualifying earnings mean

  • How the ATO will approach compliance in the first year

  • Key actions for businesses using clearing houses before they close

  • What high-balance super members should consider ahead of new tax rules

If you handle payroll, finance, or business operations, this conversation will help you avoid common pitfalls, as well as help you take practical action before the deadline to avoid disruption and penalties.

Host: Tahn Sharpe, editor, CPA Australia

Guest: Richard Webb, superannuation lead, Policy and Advocacy, CPA Australia

For more, head to the ATO Payday Super guide.

CPA Australia also has resources on superannuation.

And this article offers more insight.

Loving this episode?

Listen to more With Interest episodes and other CPA Australia podcasts on YouTube. https://www.youtube.com/@CPAaustralia/podcasts

And don't forget to click subscribe to the channel for a wide range of content that will help your career.

CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance and accounting:

With Interest https://www.cpaaustralia.com.au/tools-and-resources/podcasts/with-interest

INTHEBLACK https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack

INTHEBLACK Out Loud https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack-outloud

Excel Tips https://www.cpaaustralia.com.au/tools-and-resources/podcasts/excel-tips

Search for them in your podcast platform. Email the podcast team at [email protected]

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With InterestBy CPA Australia

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