KPMG submission: Payday superannuation exposure draft

This submission builds on KPMG’s past contribution, with eight recommendations to the payday super regime, including recommending that legislation should be fair in regard to employers who genuinely demonstrate efforts to comply with their SG obligations.

KPMG welcomes the release of Treasury's Payday Super exposure draft legislation and regulations and the opportunity to provide input on implementing payday superannuation and a redesigned compliance framework to ensure employers pay their super obligations as close as possible to payday. See related article: Initial impressions of the draft payday super legislation It is very important that employees receive timely Superannuation Guarantee (SG) contributions. KPMG's expertise in assisting ...

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Authors: David Sofrà, Alia Lum

Published Date: 17 April 2025