Business Accountants Ipswich

From 1 July 2026, the way employers pay superannuation will change. Under the new rules, Super must be paid at the same time as wages, rather than quarterly as it currently is. While the concept sounds simple, we’re finding many business owners have practical questions about how it will work day-to-day - particularly around payroll systems, timing and what happens if you’re already behind. Here's some of the most common questions we’re being asked: If I only have a small number of staff, am I exempt? No. There is no minimum threshold. The Payday Super rules apply to all employers , regardless of how many employees you have. Can I pay staff super directly from my bank account into their nominated fund? No. Super must be lodged through an approved Super clearing account . You cannot simply transfer the funds directly to each employee’s super fund from your bank account. The clearing house processes the payment and distributes it correctly to the nominated funds. Will my payroll software be updated in time? In most cases, yes. The majority of modern payroll software providers already have functionality in place to support Payday Super. If you’re unsure whether your software is ready, it’s worth checking early. Can I lodge the super within 7 days of payday? No. Super must be lodged at the same time as you pay your staff . The approved clearing account will then: Direct debit your bank account (typically within 24 hours), and Deposit the funds into your employee’s nominated Super fund within 7 days. The key point is that you must initiate the super payment at the same time wages are paid, not several days later. What if I’m already behind in paying Super? If you have unpaid or overdue super contributions, you’ll need to lodge a Superannuation Guarantee Charge (SGC) statement with the ATO. It’s important to address this sooner rather than later, as penalties and interest may apply. If you’re unsure of your position, we strongly recommend seeking advice to bring your obligations up to date before Payday Super commences. Final Thoughts Payday Super isn’t just an administrative tweak, it’s a shift in timing and process that may impact payroll routines and cash flow management. With July 2026 approaching, now is a good time to review your systems, understand your obligations and prepare early.

Recently, Sammut Bulow and GeoBuyers hosted an in-depth property investment information session focused on one of the biggest questions we’re hearing right now: Why is SEQ still one of the most compelling markets in Australia and where are the best opportunities heading into 2026 and beyond? If you couldn’t make it on the night, here’s a quick wrap-up of the key themes discussed. Brisbane’s “Golden Decade” is well underway, though still with plenty of runway Brisbane has now overtaken Melbourne as Australia’s second most expensive capital city by median house value - a major milestone that signals strong confidence in the region’s long-term fundamentals. With the 2032 Olympics acting as a catalyst, the next decade is expected to be defined by large-scale infrastructure delivery, population growth, and significant urban renewal. Infrastructure + population growth = long-term momentum One of the standout themes was that Brisbane and SEQ are experiencing a rare combination of demand including population growth and infrastructure investment, with the latter essential to cope with the growth across the region. Projects such as Cross River Rail, Brisbane Metro, and Olympic Stadium development are a snapshot of projects reshaping the region. Residential hotspots are changing fast Brisbane house values have surged, and buyer competition has intensified, particularly for family-friendly homes. Many suburbs that were once considered affordable, including Coomera, North Lakes and Springfield are now pushing beyond the $1M mark for quality four-bedroom stock. A major point raised was the growing strength of “satellite cities” emerging hubs that offer CBD-level infrastructure such as hospitals, schools, shopping centres and employment nodes, functioning as future “mini-CBDs”. Units and townhouses are also gaining momentum The inner and middle ring unit market is showing tremendous growth, particularly in suburbs benefiting from major infrastructure upgrades and lifestyle appeal. Locations such as Kangaroo Point, Newmarket and Windsor were highlighted as examples of suburbs positioned to benefit from improving connectivity and surrounding development. Commercial property opportunities are also building Beyond residential, the session also touched on the SEQ commercial landscape. The industrial sector continues to outperform due to e-commerce growth, low vacancy rates and strong demand, while the office market is showing renewed owner-occupier activity in fringe locations such as Spring Hill and Milton. The long-term message: time in the market wins One of the most important reminders from the SB team on the night was that wealth creation is rarely about one perfect purchase, it’s about making a strong decision and allowing time to do the heavy lifting. The GeoBuyers case studies presented highlighted the power of capital growth, compounding and rental performance over time. If you are on the hunt for commercial or residential property to invest in, reach out to the GeoBuyers team - Tom and Nathan can help you identify opportunities in market to help you achieve your goals. Disclaimer: The information provided on this blog is for general informational purposes only. While we strive to ensure that the content is accurate and up to date, the advice and information provided on this site should not be construed as a substitute for consulting with a qualified accounting or tax professional. The authors and contributors to this blog do not accept any responsibility or liability for any errors or omissions in the content, or for any losses or damages arising from the use of the information provided.