Super guarantee on non–qualifying earnings
Members discussed contributions voluntarily paid on non-qualifying earnings and their interaction with super guarantee obligations and carry-forward rules. Public guidance will be reviewed based on feedback provided.
Australian Tax Office
Early Payday Super insights, since commencement were provided. Initial indicators showed strong qualifying earnings reporting, increased contribution volumes and low error rates across the system.
The implementation reference group continues to monitor implementation performance and emerging issues. Members broadly agreed that Payday Super had commenced positively, while noting that further issues may emerge as implementation matures.
Industry insights–post 1 July
Members shared early implementation experiences across the:
- employer
- fund
- gateway
- clearing house
- digital service provider
- tax professional sectors.
Members highlighted the importance of continued industry collaboration, governance and system monitoring to address emerging operational, compliance, fraud and resilience risks.
Attendees
|
Organisation |
Attendees |
||
|---|---|---|---|
|
ATO |
Georgia Baranski-Noicos, Superannuation and Employer Obligations |
||
|
ATO |
Megan Micallef, Superannuation and Employer Obligations |
||
|
ATO |
Natalie Eade, Superannuation and Employer Obligations |
||
|
ATO |
Paul Beohm, Policy, Analysis & Legislation |
||
|
ATO |
Peta Lonergan, Superannuation and Employer Obligations |
||
|
ATO |
Rita Stevens, Enterprise Solutions and Technology |
||
|
ATO |
Sally Bird, Frontline Business Improvement |
||
|
ATO |
Sarah Harris, Superannuation and Employer Obligations |
||
|
ATO |
Shane Moore, Superannuation and Employer Obligations |
||
|
ATO |
Stephanie Clarke, Superannuation and Employer Obligations |
||
|
ATO |
Usha Narain, Superannuation and Employer Obligations |
||
|
Alvarez & Marsal Australia |
Amanda Spinks |
||
|
Australian Chamber of Commerce and Industry |
Peter Grist |
||
|
Australian Council of Trade Unions |
Casey Thompson |
||
|
Australian Payroll Association |
Maria Nikoletatos |
||
|
Australian Restaurant and Café Association |
Wes Lambert |
||
|
Australian Retirement Trust |
Matt Dickson |
||
|
Bluebird Accounting |
Julian Shimmin |
||
|
Chartered Accountants Australia and New Zealand |
Tony Negline |
||
|
Corporate Tax Association |
Stephanie Caredes |
||
|
Council of Small Business Organisations Australia |
Adele Sutton |
||
|
CPA Australia |
Richard Webb |
||
|
Digital Service Providers Australia New Zealand |
Chris Denney |
||
|
Financial Services Council |
Hans Van Daatselaar |
||
|
Gateway Network Governance Body |
Michelle Bower |
||
|
Genesis Accounting |
Pat McCarthy |
||
|
Institute of Certified Bookkeepers |
Matthew Addison |
||
|
KPMG |
Andy Larmour |
||
|
National Tax & Accountants' Association |
Robyn Jacobson |
||
|
SuperChoice |
Nikki Murray |
||
|
The Access Group |
Debbie Mitchell |
||
|
The Association of Payroll Specialists |
Jason Low |
||
|
The Association of Superannuation Funds of Australia |
Maureen Daley |
||
|
The Tax Institute |
Phil Broderick |
||
|
Treasury |
Brendan McKenna |
||
|
Woolworths |
Coral Hargrave |
||
|
Xero |
Erin Adams |
Apologies
|
Organisation |
Member |
||
|---|---|---|---|
|
ATO |
Emma Rosenzweig (Chair), Superannuation and Employer Obligations |
||
|
ATO |
Justin Micale, Superannuation and Employer Obligations |
||
|
ATO |
Karen Blok, Enterprise Solutions and Technology |
||
|
ATO |
Natasha Sekulic, Frontline Business Improvement |
||
|
Australian Bookkeepers Association |
Peter Thorp |
||
|
Australian Prudential Regulation Authority |
James Douglas |
||
|
Brilliant Admin Solutions |
Kerrie Jarius |
||
|
Council of Small Business Organisations Australia |
Adele Sutton |
||
|
Super Members Council |
Hannah Cole |
||
|
The Association of Superannuation Funds of Australia |
Mary Delahunty |
||
|
Treasury |
Benjamin Murphy |