Benefits of using SuperStream
SuperStream is the easy way to pay super. It's an electronic and standardised solution that streamlines the super payment process.
SuperStream makes super simple. For employers, this means:
- you can use one online channel to pay multiple funds
- less room for error during data entry, due to fewer steps
- transactions reach funds faster.
The deadline to be on board with SuperStream was 30 June 2016. However, we will provide compliance flexibility to small businesses that are not yet SuperStream ready until 28 October 2016.
This means we will not be taking compliance action against small businesses that missed the 30 June deadline.
Now is the time to meet the SuperStream standard.
SuperStream gives employers a simpler and more consistent way of making contributions. They can use a single channel for contributions to multiple funds.