Deputy Commissioner Emma Rosenzweig shares what our corporate plan means for super funds.

A key priority in our Corporate plan 2025–26 is the implementation of Payday Super; a reform designed to close the superannuation guarantee (SG) gap and ensure Australians receive the retirement savings they are entitled to.

While this measure is not yet law, from 1 July 2026 employers will be required to pay SG contributions on the same day they pay salary and wages.

Its important super funds understand the updates we are making to SuperStream in readiness for Payday Super, including:

• Receiving fast payments via the New Payments Platform (NPP) by 1 July 2026.
• Updates to error messaging so it is timely, clearer, and more meaningful. This will give employers better information to help them resolve errors with employee data.
• A new SuperStream Member Verification Request (MVR) message for employers to verify an employee’s super fund details are correct and the super fund will accept a contribution.
• Changes to Fund Validation Services to increase the visibility and traceability of changes or closures to Unique Super Identifiers (USI).

With the timeframe to return an unallocated contribution to an employer reducing to 3 days (down from 20), it’s more important than ever for super funds to be proactive. The latest SuperStream updates, including the MVR, play a critical role in helping employers avoid errors before they happen. In processing an MVR, funds can reduce the likelihood of rejected contributions. If errors do occur, the enhanced messaging provides clearer, more actionable steps for employers to quickly resolve issues.

Technical and business guidance documents that outline these improvements are available on the Contribution standard v3.0 page on the software developer’s website. More documents will be added as they become available.

Super funds should review these specifications now and begin planning their implementation strategies to ensure compliance by the 1 July 2026 deadline.

If you have any questions, feel free to ask them in the comment section. We will be happy to answer all your queries.