From 1 July 2026, the Australian Government will require employers to pay superannuation at the same time as salary and wages. This shift—known as payday super - mo ves super contributions from a quarterly cycle to within seven days of each pay run, whether weekly, fortnightly or monthly. Why is payday super being introduced, and how could it affect your employees and your business? What payday super means for employees Better visibility and savings Employees see their super contributions in real time, making it easier to keep track of savings. Fairer treatment of casual and part‑time workers No more missed payments under a quarterly system—everyone’s super arrives alongside their pay. Stronger retirement balance For example, a 25‑year‑old on a median salary who currently receives super quarterly could be about $6,000 better off by retirement. What payday super means for your business The legislation is not yet final, but consultation closed in April 2025. Moving contributions to each pay run may seem minor, but it could have significant implications for your small business: Increased administration More frequent payments will add to your payroll and bookkeeping workload. Seven‑day payment window Meeting the new seven‑day deadline may be challenging given banking and clearing processes. Risk of penalties The draft bill proposes penalties for late contributions, even when delays occur outside your control. Closure of the Small Business Superannuation Clearing House That free service—which currently makes it simple for small employers to pay super—will shut down on 1 July 2026, leaving many wondering how they’ll manage their obligations. For full details on the proposal and its timeline, see the government’s announcement on introducing payday super and the consultation paper . Ready for payday super? With the bill likely to pass now that Labor has been re‑elected, it’s time to review your payroll systems and processes. Contact our team today to: Audit your current payroll software Update your procedures to meet seven‑day payment requirements Plan for the closure of the Small Business Superannuation Clearing House Let us help you make the transition to payday super as smooth as possible.

As a business owner, you may love running your company, but there’s always the underlying thought that, one day, you’ll need to sell and retire. With global markets in flux and an uncertain future, how can you ensure your business is worth enough when the time comes to sell? Let's look at the core ways your business can be structured to deliver on your own personal, family, philanthropic and leisure goals, now and into retirement. Creating a business that will fund your retirement plans Your business should be your retirement nest egg, but how do you ensure it holds its value for a comfortable retirement? Here are five strategies to boost your business’s value, ensuring you get the return on investment (ROI) needed when it’s time to sell. Build a business that can run without you To maintain its value at sale, your business must operate independently of you. Systematise your operations and create scalable processes, so the day-to-day functions are not solely reliant on you. A strong management team that can run the business without you is essential. Autonomy increases the business’s appeal to potential buyers, who want to ensure the company will thrive even after the founder leaves. Focus on recurring revenue streams Recurring revenues provide stability and increase your business’s value. Consider subscription services or other predictable income sources. Recurring revenue models significantly raise business valuation multiples, often by 2-3 times compared to transaction-based models. With a stable income structure, you can sell your business for a premium price, giving you the capital needed for retirement. Invest in intellectual property and licensing Intangible assets like intellectual property (IP) and brand equity can significantly enhance your business’s value. Consider developing products, processes, or technologies that can be patented and licensed. This creates passive income and appeals to buyers looking for businesses with valuable, long-term assets. Keep detailed records and keep finances healthy A business with a solid financial track record is more attractive to buyers. To boost your business’s appeal, maintain strong financial health, a good credit score, and positive cash flow. Rigorous financial tracking and clean books with 3-5 years of profitability will justify higher valuations and greater ROI, making your business a more desirable asset. Create a strategic exit plan well in advance of retirement The key to a successful exit is planning well in advance. Work with your advisors to enhance the business’s value, identify ideal buyers, and structure your exit in a tax-efficient manner. Ideally, start your exit strategy 3-5 years before retirement to ensure you have time to focus on succession planning, boosting business value, and securing enough capital for your retirement needs. Helping you secure your income and lifestyle You’ve worked hard to build your business, and you deserve a fulfilling, comfortable retirement. But to make that a reality, it’s crucial to plan ahead. Start working on your exit strategy now. Come and have a chat about your retirement plans and exit strategy. We can also introduce you to independent financial advisers who can offer personalised wealth management advice.