Several important regulatory and financial changes have come into effect from 1 July 2025. These updates may impact your business operations, payroll, and compliance obligations. Here’s a quick overview:
🟢 Superannuation Guarantee Rate Increase
Starting 1 July 2025, the superannuation guarantee rate will rise from 11.5% to 12%. This increase applies to all salary and wages paid to eligible employees on or after this date—even if the pay period began before 1 July. This marks the final step in the scheduled super rate increases.
🔗 Learn more about the super guarantee rate
💼 National Minimum Wage Adjustment
The National Minimum Wage will increase by 3.5%, bringing the new rate to $24.95 per hour or $948 per week. This applies from the first full pay period starting on or after 1 July.
🔗 Details from the Fair Work Ombudsman
👶 Paid Parental Leave Super Contributions
The ATO will begin paying superannuation on government-funded Paid Parental Leave. This change supports long-term financial security for parents taking leave.
🔗 More on Paid Parental Leave Super Contributions
💸 ATO Interest Deductions No Longer Claimable
From 1 July, interest charges from the ATO (GIC and SIC) will no longer be tax-deductible if incurred on or after this date. This change could increase the cost of tax debts for small businesses.
🔗 Read about ATO interest deduction changes
⚡ Energy Bill Relief for Small Businesses
Eligible small businesses may receive up to $150 in electricity bill rebates, split into two $75 quarterly instalments. Rebates will be automatically applied to your bill.
🔗 Energy Bill Relief Fund Information
📝 Fee Increases for Business Registrations
ASIC will increase fees for:
- Business name registration: $45 for one year, $104 for three years.
- Company registration: $611.
- Annual review for proprietary companies: $329.
🔗 See updated business name and ASIC fees
📢 Other Notable Changes
- Changes to pay rates in the Pharmacy Award
- Skilled visa income thresholds will rise by 4.6%.
- Right to disconnect rules will apply to small businesses from 26 August 2025.
- Environmentally Sustainable Procurement Policy expands to new categories.
- Merger notification reforms begin voluntarily from 1 July.
Please contact BDH Leaders if you have any questions. We are here for all your financial needs and are always here to support you.
The material and contents provided in this publication are informative in nature only. It is not intended to be advice and you should not act specifically on the basis of this information alone. If expert assistance is required, professional advice should be obtained.
