Preparing for Payday Super: What Small and Medium Enterprises Need to Know

Preparing for Payday Super

Introduction Starting July 1, 2026, Australian businesses will face a significant shift in superannuation obligations with the introduction of Payday Super. For small and medium-sized enterprises (SMEs), this change means moving from quarterly to more frequent superannuation payments, aiming to align contributions with each payroll cycle. In this article, we’ll explore what Payday Super entails, […]

Superannuation Rate in 2024: What Australian Employers and Employees Need to Know

superannuation rate in 2024

As we move into 2024, understanding the current superannuation rate and its implications is crucial for both employers and employees in Australia. Superannuation, or “super,” is a mandatory retirement savings scheme aimed at providing financial security for Australians post-retirement. This article covers the superannuation rate in 2024, upcoming changes, and how they affect both employers […]