Media release

Payday Super Readiness

APRA and the ATO have today issued a letter to RSE licensees regarding the commencement of Payday Super on 1 July 2026.
Superannuation
Published
25 March 2026
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The Australian Prudential Regulation Authority (APRA) and the Australian Taxation Office (ATO) have today issued a letter to RSE licensees regarding the commencement of Payday Super on 1 July 2026.

The letter sets out the ATO’s and APRA’s roles in the implementation of Payday Super, the relevant regulations and standards to support Payday Super, and next steps to support RSE licensee implementation readiness by 1 July 2026.

The letter is available at: Payday Super Readiness

The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9.8 trillion in assets for Australian depositors, policyholders and superannuation fund members.

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