Australian franchised new car and truck dealers are advised that from 1 July 2026 a new law comes into effect that makes it a legal requirement to pay their employees’ superannuation guarantee at the same time as their salary or wages. The new system is known to the Australian Taxation Office as Payday Superannuation (Payday Super).
The Australian Government advises that the new law will:
- Require employers to ensure super contributions are received by the employee’s fund within seven business days of payday, or they will be liable for the superannuation guarantee charge.
- Help the ATO enforce the law and more quickly identify employers not making contributions.
- Redesign the superannuation guarantee charge to be fit for purpose and make Payday Super work.
Factsheet and practical guidance on Payday Superannuation
A detailed factsheet prepared by the Australian Chamber of Commerce and Industry (ACCI) is available via the link below. The ACCI factsheet includes information on the following:
- Advice on deadlines for superannuation payments.
- Which workers or employees’ does Payday Superannuation apply to?
- The impact on not making the Payday Superannuation payments on time.
- A handy list of ‘Steps to get ready” before the 1 July 2026 start date.
More Information
If you remain unsure of your dealership’s obligations under the Payday Super law, you are encouraged to seek your own professional services advice, refer to your preferred superannuation fund or contact your respective state Motor Trade Association or Chamber of Commerce’s industrial relations team.