Nov 6, 2026
Balance My Books claims that more Australian small businesses are outsourcing their bookkeeping to deal with new Payday Super requirements.
Parramatta, New South Wales, November 6, 2026 -- More Australian small businesses are outsourcing their accounting and bookkeeping requirements in response to Payday Super, according to Balance My Books, an Australia-based bookkeeping service. The rules, which took effect on 1 July 2026, force Australian employers to pay superannuation along with wages rather than quarterly. For SMEs already struggling with tight margins, these changes are driving many to consider using professional bookkeeping services to remain compliant.

Specifically, the new rules say that funds paid for employees need to reach their super fund within about a week of payday. The rules apply to all employers. The Small Business Super Clearing House closed on the day the new rules came in, forcing companies relying on it to find alternative payment methods.
Roman Tepes of Balance My Books said the following:
“We're seeing a lot of companies struggling to keep up with these new administrative requirements, which are more stringent than before. For many, these additional Payday Super rules are the final straw that breaks the camel's back, forcing them to look for professional bookkeepers to whom they can outsource administration.”
Payroll, though, is only part of the workload that Australian businesses are outsourcing to bookkeepers. They're also tasking them with other challenges, including meeting their tax obligations and chasing down invoices. Hiring somebody in-house to perform all of this work is a possibility, but they now need such a wide range of skills that it is becoming harder for most businesses to find suitable talent. Professional bookkeepers who have the necessary software and training can help, especially in areas like super and leave, which can be complicated.
Even so, employers remain answerable for failing to pay super on time, even if they decide to use an external bookkeeping service. The law says that they are responsible for making sure super payments go out on time.
For more information about Balance My Books use the contact details below:
Contact Info:
Name: Roman Tepes
Email: Send Email
Organization: Balance My Books
Address: Level 14, 3 Parramatta Square 153 Macquarie St Parramatta NSW 2150
Phone: 1300 319 000
Website: https://balancemybooks.com.au
Release ID: 89208482
In case of identifying any problems, concerns, or inaccuracies in the content shared in this press release, or if a press release needs to be taken down, we urge you to notify us immediately by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our dedicated team will be readily accessible to address your concerns and take swift action within 8 hours to rectify any issues identified or assist with the removal process. We are committed to delivering high-quality content and ensuring accuracy for our valued readers.
Small businesses that supply the department store will take a financial hammering from the company’s dramatic collapse.
It’s no secret that schools, to a great extent, run on the goodwill of staff. But this is taking it too far.
Network Ten insists its cost-cutting drive is not a redundancy round. But it sounds a lot like one.
Billionaire Paul Little is having another stab at selling a development site overlooking prestigious Melbourne High School’s hockey pitch.
Both the Reserve Bank and government are copping blame for things out of their control. But bending to pressure might put us in a worse position.
Sydney’s T2 domestic terminal will soon offer lounge access to departing passengers regardless of airline, ticket class or frequent flyer status.
As results began to pour in on a bruising midterm election night for the Republicans, Trump picked an unlikely scapegoat.
The Australian sharemarket soared the most since April as the Democrats’ sweeping US election victory fuelled optimism the Iran war could end soon, sending oil prices plunging.
Kuniko has struck gold-silver mineralisation in all 11 drill holes across two campaigns at its NSW Commonwealth-Silica Hill project ahead of a December resource update.
ClearVue and US partner Silfab Solar have won a US$500,000 grant from the US Dept of Energy to develop high-efficiency solar spandrel technology for the US market.
David Jones’ owners have appointed administrators, which is expected to trigger an extensive restructure of the company and thousands of job losses.
The collapse of David Jones is expected to give its rival Myer a boost, as reflected in the surging Myer share price.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.