Simplify Super Payments – Payday Super is not the Complete Solution.
Small businesses agree with the call for an overhaul of the administration, payment, and notification systems for employer superannuation obligations and potential penalties.
We seek for the Government to consider a staged approach which includes consideration of what is possible to be practically achieved as an implementable set of improvements:
What is an improvement to the system that can be achieved by the proposed June 2026 date?
What is a further set of improvements that can be achieved by a later date?
We propose that an improvement to the superannuation payment system that should be achievable by the June 2026 target date is to move to monthly payments by small business.
For Full Submission, click here.
Matthew Addison
Chair
COSBOA
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