Superannuation is one of Australia’s most significant payment flows, moving billions of dollars each year to support the retirement outcomes of millions in Australia.
From July 2026, the new payday super legislation will require employers to pay super on each payday, and for contributions to reach an employee’s super fund within seven business days. Real-time super payments via the NPP will play a central role in enabling this shift.
Real-time payments don’t just make money move faster, they also enable more timely and accurate reconciliation, reduce errors, and support greater automation across back-office processes. For employers, this can mean simpler compliance and stronger integration with payroll systems. For clearing houses and super funds, it supports more efficient processing and faster allocation of contributions.
Our new Guide to real-time superannuation payments outlines how real-time payments can help employers, clearing houses and super funds manage more frequent contributions within tighter timeframes.
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