The countdown to Payday Super is well and truly on with just 3 months to go, marking one of the biggest changes to Australia’s super system in decades.
While the transition represents a significant shift for many employers, it also brings important implications for super funds and self-managed super funds (SMSFs).
What SMSFs need to do now
SMSFs should act now to prepare for Payday Super. Ensure your systems can:
- handle increased contribution volumes and frequency
- support faster allocation and return timeframes
- meet updated SuperStream requirements from 1 July 2026
- support all payment channels, including New Payments Platform (NPP).
Updated SuperStream and Fund Validation Service documentation is also available on the ATO software developers websiteExternal Link.
You can also find handy videos, checklists and resources on our dedicated resources page.
SBSCH closure: upcoming milestone for employers
Current Small Business Super Clearing House (SBSCH) users should be aware it’ll permanently close on 1 July.
If you’re a small business employer currently using the SBSCH, you’ll need to look for an alternative provider now. Our Get ready for the SBSCH closure checklist outlines what you need to do to prepare. You can also read our article on how to download your records.
Don’t wait — 1 July is only 3 months away! Act now to make sure your SMSF is ready for Payday Super.
For more information, visit ato.gov.au/paydaysuper.
Looking for the latest news for SMSFs? – You can stay up to date by visiting our SMSF newsroom and subscribingExternal Link to our monthly SMSF newsletter.