There is no excuse for any business not to make it’s super payments as you suggest per pay period.
Similar failings in our legislation also enable employers to fall short when it comes to other employee entitlements including payment of accrued leave, unpaid wages, termination payments etc.
A responsible business/employer will be able to show it’s accounting accruals each month for all unpaid employee entitlements. Perhaps the government needs to legislate that the full funds required to cover these entitlements are held separately in trust, and not available to the business to meet any other commitments. Reconciliation on a monthly basis at risk of criminal penalty might be the teeth needed.
For the alternative of some form of mandatory insurance.
It may take some effort to convince business, knowing many do the right thing or the tax payer always under pressure, to cover the failings of others for short payment of super entitlements.
