Treasury Laws Amendment (Payday Superannuation) Act 2025 (57 of 2025)

Schedule 1   Amendments

Part 2   Consequential amendments of other Acts

Retirement Savings Accounts Act 1997

115   Subsections 183(4) and (5)

Repeal the subsections, substitute:

Definition

(4) In this section:

qualifying earnings has the same meaning as in the Superannuation Guarantee (Administration) Act 1992.

Note: In this section, salary or wages has its ordinary meaning.

Part-time domestic workers counted

(5) For the purposes of this section, the Superannuation Guarantee (Administration) Act 1992 has effect as if the employee's qualifying earnings include any remuneration under a contract for the employment of the employee, for not more than 30 hours per week, in work that is wholly or principally of a domestic or private nature.