Payday Super: Can SMEs handle the seven-day squeeze?

By Yajush Gupta · 18 March 2025 · News

Payday Super: Can SMEs handle the seven-day squeeze?

SMEs face massive financial squeeze: Can they keep up?

The federal government's new super plan introduces a seven-day payment deadline, but what does this mean for small businesses already struggling to stay afloat? Find out what's at stake and how SMEs can adapt to this sudden change.

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Summary

The federal government’s new super plan, detailed in Friday’s draft, demands payments within seven days of payday by mid-2026, with hefty penalties for delays.