From 1 July 2026, super is paid with every pay run. Not quarterly. Not monthly. Every single time wages go out.
For some businesses, existing cash reserves will absorb the change without too much disruption. For others, the shift will create a real gap between what is owed on payday and what is sitting in the bank. The size of that gap depends on your workforce, your pay cycle and how revenue flows through the business.
Whatever your situation, the time to act is now.
How Payday Super changes your cash flow
Most businesses currently manage cash flow around quarterly super, and that rhythm quietly works in their favour. Paying wages regularly but super only four times a year created a natural float: time to plan, build a buffer and meet the next obligation comfortably. Under payday super, that float disappears.
What replaces it is a tighter cycle. Contributions must reach your employee's fund within 7 business days of each pay run. For a business running fortnightly payroll, that means 26 super obligations a year. Weekly payroll means 52. The annual super bill stays the same. The timing does not. For many businesses, that is a real shift in how cash moves through the day-to-day.
Which working capital solution fits your business?
The most practical response is a line of credit or overdraft: short-term cash flow support that you draw on when required and repay as revenue comes in. You only pay interest on what you draw, not on the full facility limit. When managed well, the cost is modest relative to the protection it provides.
Before settling on which type suits you, it is worth modelling the cash flow impact month by month. Some months will be tighter than others depending on your revenue cycle, and knowing where the pressure points sit helps clarify what you need. The right facility depends on your financials, your timeline, and how your business looks to a lender.
Option 1: Secured line of credit or overdraft through a major bank
If your business has equity in a residential or investment property, a secured line of credit through a major bank is generally the most cost-effective path.
CBA, NAB and ANZ are well-suited to this type of facility. Rates are competitive, and the structure works well for ongoing cash flow management. Draw what you need, repay as cash comes in, and the facility stays in place as a buffer for future use.
This option works well for businesses with consistent, profitable trading histories and clean financial statements. If that describes your business, this is the natural starting point.
Option 2: Unsecured line of credit or overdraft through a major bank
If you do not have property to offer as security but you run a strong, profitable business with a clear trading history, an unsecured line of credit through a major bank is still within reach.
The approval process is more thorough and less certain than with a secured facility. Banks look carefully at two or more years of financial statements, trading consistency and overall business health. The better prepared your application, the faster it moves.
For eligible businesses, the rates remain competitive and the facility structure is solid. Working with a finance broker who can package the application and approach the right lender for your profile makes a real difference here.
Option 3: Fintech lenders
Some businesses do not fit neatly into a bank's approval process. Two years of fluctuating self-employed income, an earlier stage of growth, or simply a need for a fast decision can all slow a bank application down or result in a decline.
Fintech lenders such as SHIFT and Banjo Loans approach credit assessment differently. Rather than relying solely on financial statements, tax returns, and creditors/debtors' balances, they assess actual business cash flow and trading performance.
Applications typically move within days, and they are more willing to work with businesses outside the traditional lending model than most banks.
The cost of funds is higher than a bank equivalent. For a short-term working capital need, particularly where speed is a factor, that trade-off is often worth making. If a pay run is coming up and you need a decision in the next few days rather than the next few weeks, a fintech lender is likely the more practical option.
Choosing the right working capital facility
The right solution depends on your financials, your timeline and what you need the facility to do.
Property equity and time to go through a bank process? Start with a secured facility through a major bank.
Strong trading history but no property? An unsecured bank facility is worth pursuing with the right preparation and support.
Complex financials, earlier stage of growth, or need a fast decision? A fintech lender is likely the better fit.
All three paths lead to the same outcome: a facility that supports your business and absorbs the timing pressure that payday super creates.
Payday Super changes: more than a one-off adjustment
Many business owners are realising they probably should have had a working capital facility in place already. Payday super has brought that to the surface.
A working capital facility is not just a response to this one change. Once it is in place, it becomes a tool your business can use whenever timing works against you, whether that is a slow revenue month, a large tax payment, or simply a gap between invoicing and being paid. That is a useful thing to have in place well beyond the payday super transition.
Getting it sorted now means you are ready before the pressure starts.
Speak to our Commercial Finance Brokers
BlueRock's commercial finance experts can help you work out which facility suits your business and get it in place fast. Get in touch via the form below.
