Late payments threaten Payday Super compliance for 84% of Australian small businesses, Xero finds

Reuters

Mar 23

Late payments threaten Payday Super compliance for 84% of Australian small businesses, Xero finds

Research cited by Xero found 84% of surveyed Australian small business owners said late customer payments could prevent compliance with Payday Super deadlines.
The survey of 500 employing Australian small businesses reported average losses of AUD 15,257 over the last financial year due to late payments.
Support for Payday Super was reported at 91%, while 87% said more frequent super payments would put pressure on cash flow.
To manage expected cash flow strain, 31% said they may use personal savings and 31% said they anticipate borrowing money.
Investment or growth plans were expected to be delayed or reduced by 82% of respondents in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xero Limited published the original content used to generate this news brief on March 23, 2026, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xero Limited published the original content used to generate this news brief on March 23, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}