Since Payday Super started on 1 July 2026, one question has come up more than any other, so we're answering it first. The rest are the questions employers ask us most often, with a bit more detail on each. Why am I being asked to approve super payments so often now? This is the one we hear most. Under the old quarterly system, you might have approved super four times a year. Now that super follows each payday, that same approval happens every pay run, so if you pay weekly, yo

VES Insights, your go-to newsletter for the latest in bookkeeping, automation, AI, Xero tips, and essential ATO updates to keep you informed and on track. From simplifying your bookkeeping to harnessing the power of automation and AI, our newsletter is packed with valuable tools and reminders to help you stay ahead. Payday Super Has Started: What the ATO's First-Year Approach Really Means for Your Business The ATO's first year of Payday Super is forgiving for employers who pa

The pay rise landed on 1 July 2026, and if you employ staff, you've likely updated your payroll and moved on. It's worth a second look, because “the increase” is two different numbers, and which one applies depends on how each person is paid. The Fair Work Commission lifted modern award minimum rates by 4.75% and the national minimum wage by close to 6%, both from the first full pay period starting on or after 1 July 2026. Payroll software will have updated the headline rates