Tax & Super

Australia tax and super changes from 1 July 2026

The 2026–27 financial year brings changes to individual tax rates and employer super obligations that affect workers and businesses across Melbourne and Australia.

Resident individual tax rate change

For resident taxpayers in 2026–27, the rate applying to taxable income above the tax-free threshold up to $45,000 is 15%. Higher brackets remain 30% from $45,000 to $135,000, 37% from $135,000 to $190,000 and 45% above $190,000.

Payday Super starts from 1 July 2026

Employers must calculate super guarantee at 12% of qualifying earnings and pay super on payday, with contributions generally required to reach the employee's fund within 7 business days unless an extended timeframe applies.

Small Business Superannuation Clearing House closed

The ATO's Small Business Superannuation Clearing House closed permanently from 1 July 2026, so affected employers need another compliant way to pay employee super.

What Melbourne workers and businesses should check

Employees should review payslips, PAYG withholding and super contributions. Employers should confirm payroll software, super payment processes and withholding tables are using the 2026–27 settings.

Official sources: Australian Taxation Office and ATO Payday Super guidance.

General information only, not tax or financial advice. Tax outcomes depend on residency, deductions, offsets and individual circumstances.