[no bill text published] Administrative penalties for employers who fail to pay unpaid superannuation guarantee charges
Treasury Laws Amendment (Payday Superannuation) Bill 2025
1st House
2nd House
Law
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
Employers face administrative penalties if they ignore a notice to pay unpaid superannuation guarantee charges.
The Commissioner must include a penalty warning in every notice to pay.
The Commissioner cannot waive or reduce these penalty assessments.
The Commissioner can issue shortfall exemption certificates to employers if an employee applies.
Ordinary time earnings now include a broader range of employee pay components; this includes certain salary sacrifice arrangements.
Trustees must provide written information before they can issue conversion or revocation notices.
The Commissioner can decide which out-of-cycle earnings qualify for superannuation.