The crucial thing you need to check in your next payslip

July 5, 2026 — 5:01am

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In addition to the hope of a tax return coming your way, another thing that always comes with a new financial year is welcoming the suite of new and tweaked government policies that arrive every July 1.

This year in particular, there are quite a few that have the potential to impact your personal finances. These include, but are not limited to: a rise in the minimum wage for working Australians, a boost in pay for workers on the core skills and specialist skills visas, an increase to the government paid parental leave scheme and the introduction of superannuation payments, a 20 per cent cut to existing HECS debt for university students, and the eligibility threshold for pensions going up.

But some of the more significant changes being introduced this year apply to superannuation. Super will now be applied to the 26 weeks of federal paid parental leave scheme, meaning mums and dads won’t be financially penalised in the long term for taking time out of paid work to raise their family. But the most significant change to my mind is the introduction of payday superannuation.

Considering the other big-ticket changes being introduced in the 2026-27 financial year, I understand why this one might seem relatively small and somewhat insignificant upon first glance. However, if you’re among the 14.7 million people who are employed in Australia, or among the almost 1 million employers in Australia, it’s actually pretty big.

So, first things first, what actually is payday superannuation? I’m so glad you asked.

How the new payday super changes will benefit your hip pocket

Dominic PowellMoney Editor

Where employers were previously........

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