Do you trust your superannuation fund to avoid SGC?

Treasury are consulting on the draft bill to reform superannuation guarantee requiring superannuation contributions to be received by the relevant superannuation fund and able to be allocated to the relevant employee’s account within 7 days of each payday. Employers will incur the Superannuation Guarantee Charge (including interest and admin components) after this time. In effect, payment is required immediately to allow the superannuation fund time to deal with the payment.

I am all for measures which minimise employees’ unpaid superannuation.

But why punish the employer if the superannuation fund fails to process the payment in time? At a time where superannuation funds are being prosecuted for failing to process beneficiary payments for up to 3 years after death, how do we trust them to process payments within 7 days? With all this additional red tape for businesses, why are there no repercussions for the funds or payment clearance platforms?

The law is proposed to take affect from 1 July 2026.