Payday Super, page-3

Good morning,
Last day of trading for 2024.
Just read a speech by Deputy Commissioner (superannuation and employer obligations) Emma Rosenzweig delivered at the ASFA conference on the 20 of November 2024.
https://www.ato.gov.au/media-centre/asfa-november-2024-preparing-for-payday-super
It is an interesting read, with stats that back-up what Trent has been saying over the past 12 months re the double, tripling of Super Contribution transactions.

Here is my breakdown of the stats provided by the Assistant Commissioner.

SG payments
24% are paid quarterly
49% are paid monthly
17% are paid fortnightly

Salary & Wages
14% are paid monthly
54% are paid fortnightly
30% are paid weekly

The disconnect between SG payments and salary payments is the uplift Trent has been referring too.
73% of the current SG payments are paid by employers on a monthly or quarterly basis.
They will now need to be paid (in frequency) with the 84% of salary & wages paid on a fortnightly/weekly basis.
That is a big change and is market confirmation of Wrkr's potential revenue upside in 2026 and beyond.
Ian