Richard Webb
speaker
100 appearances
1 recordings
1 series
first heard May 2026
last heard 27 May
Richard Webb’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in May 2026 with 1.
Appearances
Okay.
So are SMEs ready for it, particularly in a cash flow sense?
So SMEs are going to need to do a lot of things that I think they're not necessarily in the same position as large business.
So for large business, I think if you talk to a lot of them, for starters, I think for large business, generally, we sort of hear that people are on
total remuneration packages.
And by total remuneration packages, what that quite often means is that, and they'll very easily say, look, I don't have to do anything.
My payroll provider, who's one of the bigger operators, will just basically do it all for me and I don't have to do a thing.
For small businesses, on the other hand, small businesses run their businesses in some very unique ways.
And those unique ways can be, for example, where a large business might
use one provider that covers their bookkeeping, their payroll, their superannuation contributions.
Small businesses might choose to do things a unique number of ways where they have their bookkeeping program doing one thing.
They might have a payroll program linked to the bookkeeping program that does something else.
And then they might manually actually trigger the superannuation data payload to go off to the clearinghouse who they deal with directly.
Now, that's quite different, I suppose, to how a large business operates, but small businesses quite often have reasons for doing things that way.
And as a result of that, they probably have a lot more places where there can be a failure of the data, of the process, and certainly with all the manual processes in between, there could be errors.
And I think getting on top of errors is a crucial part of what the new regime is going to be.
Well, this is the crucial message that I think we've been trying to get out there.
from our members to their clients.
Certainly, of course, in the case of small businesses, what we typically expect to find if they're doing their super contributions on a quarterly basis, which quite a lot of small businesses do, what they'll find is that they've only got until the 28th day of July to get the contributions in for the last quarter of this financial year.
Now, this financial year, of course, they could have had
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