Essential Super for business
A simple, compliant super solution for CommBank business banking customers
Is your business ready for Payday Super?
From 1 July 2026, the way you pay super is changing. Under the new Payday Super rules, you’ll need to pay your employees’ super at the same time you pay their wages.
Go to our Payday Super hub to learn more about your Payday Super obligations. Download the Payday Checklist to start preparing today.
Worried about Payday Super? Don’t be.
You can continue using the ATO Small Business Superannuation Clearing House right up until 30 June 2026.
From 22 June 2026, Essential Super for business will be available to CommBank business customers to help meet their super obligations with confidence. This includes fee free access to the Essential Super for business Clearing House, giving you a simple way to stay on top of Payday Super changes.
Why choose Essential Super for your business
Available to businesses who bank with Commonwealth Bank of Australia
Simple to set up
Set up and manage super contributions easily through the Essential Super for business Clearing House.
MySuper¹ product
Can be used as a default fund for your business to easily meet your super obligations.
No business fees
Your business pays no fees, while employees benefit from competitive super fees.
Register your interest in Essential Super for business
Fill your details below to be among the first to get notified once Essential Super for business is open for applications.
Once you have registered your interest, we will email you within two weeks with what you’ll need to get ready, and again when applications open with instructions on how to apply online.
A closer look at Essential Super
Discover more about how award-winning Essential Super works for your employees.
Essential Super is distributed by Commonwealth Bank of Australia
Important information
¹ MySuper accounts offer restrictions on the type of fees that can be charged, simple features so you don’t pay for services you don’t need and a single diversified investment option or a lifecycle investment option.
^ Essential Super was recognised for 'Exceptional Super for Gen Z’ and ‘Low Fee Super – High Growth' in Mozo Experts Choice Awards 2025. For more information, visit Mozo.
Essential Super was awarded 'Best-Value Super Fund for Young People' as part of the 2026 Money Magazine Best of the Best awards. For more information, visit Money Magazine.
Ratings issued by SuperRatings Pty Ltd a Corporate Authorised Representative (CAR No.1309956) of Lonsec Research Pty Ltd AFSL No. 421445 are general advice only. Rating is not a recommendation to purchase, sell or hold any product and subject to change without notice. SuperRatings may receive a fee for the use of its ratings and awards. Visit SuperRatings.com.au for ratings information.
* The fee comparison is for MySuper products. This fee comparison is based on the Lifestage 1965-69 investment option for a member balance of $50,000 and may vary for different age cohorts. The Chant West Super Fund Fee Survey compares the Lifestage option that is closest to 71% growth assets, which is consistent with the average risk and return profile of most non-lifecycle products. Total fees and costs include administration fees and costs, investment fees and costs and net transaction costs on a gross of tax basis. Fund averages are calculated by Chant West on a weighted average basis.This comparison has been prepared by CFS using data sourced from the Chant West Super Fund Fee Survey, effective 30 September 2025 and is based on information provided to Chant West by third parties, that is believed accurate at the time of publication. Fees may change in the future which may affect the outcome of the comparison. Chant West may make adjustments to fees and costs for comparison purposes and therefore data may vary to other published materials. Whilst care has been taken to ensure that the data provided by Chant West is correct, CFS neither warrants, represents nor guarantees the contents of the information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Additional fees may apply. Refer to the PDS and Fees and Investments Reference Guide to find out more.
Employer use only
Avanteos Investments Limited ABN 20 096 259 979, AFSL 245531 (referred to as Colonial First State or CFS) is the Trustee of Essential Super ABN 56 601 925 435 and the issuer of interests in Essential Super. Essential Super is distributed by the Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank or CommBank). The CFS Group consists of Superannuation and Investments HoldCo Pty Limited ABN 64 644 660 882 (HoldCo) and its subsidiaries, which includes CFS. The Bank holds an interest in the CFS Group through its significant minority interest in HoldCo.
This information is issued by CFS and may include general financial product advice but does not consider your individual objectives, financial situation, needs or tax circumstances, and so you should consider the appropriateness of the advice having regard to your circumstances before acting on it. The Target Market Determination (TMD) for Essential Super can be found at cfs.com.au/tmd and includes a description of who the financial product is appropriate for and any conditions on how the product can be distributed to customers. You should read the Product Disclosure Statement (PDS) and the Reference Guides for Essential Super carefully and consider whether the information is appropriate for you before making any decision regarding this product. Download the PDS and Reference Guides at commbank.com.au/essentialsuper-documents or call CFS on 13 4074 for a copy.
The clearing house facility is provided by SuperChoice Services Pty Limited ABN 78 109 509 739 (SuperChoice), an authorised representative of PayClear Services Pty Limited ABN 93 124 852 320 AFSL 314357 (PayClear). SuperChoice and PayClear are not part of the Commonwealth Bank Group or the CFS Group. You should consider the SuperChoice Combined Financial Services Guide and Product Disclosure Statement, which is provided at the time of registration, before deciding whether to apply or accept the offer to use the clearing house facility.
None of the Bank, HoldCo, CFS, nor any of their respective subsidiaries guarantee the performance of Essential Super or the repayment of capital by Essential Super. An investment in this product is subject to risk, loss of income and capital invested. An investment in Essential Super is via a superannuation trust and is therefore not an investment in, deposit with or other liability of the Bank or its subsidiaries.