Back
EOFY Workplace update
Dan Cummins (People & Culture Manager)
2026-07-01
As we head into the new financial year, there are a couple of workplace changes and reminders worth knowing about:
Annual Wage Increase
The Fair Work Commission has announced an increase to minimum and award wages, which will take effect from the first full pay period on or after 1 July 2026. If you're paid under an award, your pay rate may increase as a result.
If you have any questions about how the wage increase applies to you, please speak with your manager or payroll team.
What is Payday Super?
From 1 July 2026, employers will begin preparing for the introduction of "Payday Super", a change that will require superannuation contributions to be paid at the same time employees are paid their wages.
The aim is to help employees receive their super sooner and improve visibility of contributions throughout the year. While the changes won't affect the amount of super you receive, they will change how frequently contributions are paid into your super account.
A Good Time to Check Your Super
The end of financial year is a great opportunity to log in to your super fund and make sure your details are up to date. Many people are surprised to learn that their super account may include insurance cover, such as life insurance, total and permanent disability (TPD) cover, and income protection insurance.
Your super fund can explain what cover you have, what it costs, and whether it still meets your needs. You may also wish to review your investment options, check your nominated beneficiaries, and ensure your contact details are current.