The ATO has released final Payday Super Regulations and opened consultation on four draft Law Companion Rulings, ahead of the Payday Super reforms commencing on 1 July 2026.

The Regulations focus on implementation for superannuation funds, including a significant reduction in contribution allocation timeframes.  Broadly, funds will be required to allocate or return contributions within three business days of receipt, replacing the current 20day window.  The Regulations also clarify payments excluded from qualifying earnings, provide more detail on the redesigned administrative uplift under the superannuation guarantee charge, and support upcoming SuperStream enhancements, including improved verification and payment processes.

Additionally, the ATO has released four draft Law Companion Rulings outlining how the new rules will apply:

 

Consultation on the draft rulings closes on 1 May 2026.  With commencement of the Payday Super regime approaching, employers, super funds and advisers should be reviewing payroll systems, contribution processes, and compliance frameworks to ensure readiness.

Payday Super draft law companion rulings open for consultation | Australian Taxation Office

Payday Super Regulations: further details for super funds | Australian Taxation Office