There are a few changes kicking off in July to keep you on your toes, don’t worry – we’re here to help.
Payday Super is coming faster than a speeding bullet.
From 1st July Ordinary Times earnings will need to be converted to Qualifying Earnings for super accruals, but the biggest change is that superannuation will need to be authorised at the same time wages are paid.
Directors will remain personally liable for late super.
Payday Super also applies to eligible contractors. Chat to us before paying subbies so we can check and arrange the payment if required. 
New tax scales adjusting the 16% bracket to 15% are effective from the first pay date in July – regardless of work period.
Xero will automagically update tax withholding based on the payment date you select on each payrun.
If you use auto bank payments for salaried staff, don’t forget to update scheduled bank transfers.
The Fair Work Commission has announced an increase to minimum wages by 4.75%,
to $1,004.90 per week or $26.44 per hour,
for the first full pay period after 1st July.
Updated awards and pay rate guides will not be published until the last minute – please review staff pay rates to ensure wages don’t fall below the new minimum award rates.
From 1st July 2026 Paid Parental Leave is increasing to 26 weeks (up from 24 weeks) to be shared between both parents and is paid at the minimum wage (see above).
The Australian Taxation Office (ATO) will pay a superannuation contribution on Parental Leave Pay.
This is called the Paid Parental Leave Superannuation Contribution.
As always, sing out if you have questions.
