Albanese Government To Require Employers Make Superannuation Payments On Payday
The Albanese Government has announced a new reform that will require employers to pay superannuation contributions on the same day as employees receive their wages.
The change, set to take effect on 1 July 2026, is designed to ensure workers accumulate more for their retirement while reducing the issue of unpaid superannuation.
The government has released draft legislation for public consultation, which will close on 11 April 2025. The government is seeking feedback from workers, employers, and other........
© International Business Times
