SMSF

Under Payday Super, employers must pay super guarantee contributions with each pay run., contributions generally need to be received by the fund within sevenBusinessdays of payday, replacing the previous quarterly deadline.

In August 2026, the government announced a package of SMSF consumer protections that included requiring SMSFs to have a written investment strategy upfront, and consulting onOptionsto improve the quality of strategies. That measure is a proposal, not law, and its detail has not been …

The measure was announced on 19 August 2026 by Daniel Mulino, the Assistant Treasurer and Minister for Financial Services, in an address to the National Press Club.

Every SMSF must be audited each year by an approved SMSF auditor. As part of the compliance audit, the auditor checks whether the fund has met key rules in theSuperannuationIndustry (Supervision) Act 1993 and its regulations.

The ATO counted 672,805 SMSFs and 1,239,977 members at the end of March 2026, with total estimatedAssetsof $1.06 trillion.

The SMSF Association's figures, released on 8 September 2026 and based on ATO data, show roughly 60 per cent of new SMSF members in the June 2026 quarter were aged 35 to 49.

The SMSF Association described 2025–26 as a record year, with more than 50,000 new funds established and 12,264 in the June 2026 quarter alone.