Banks & ADIs compliance obligations in South Australia: 100–499 employees, turnover $100M–$1B
Computed by the Rules Mate applicability engine for a Pty Ltd company with 100–499 employees, turnover $100M–$1B, in banks & adis, operating in South Australia and selling to consumers and small businesses.
Short answer: 89 obligations
89 obligations apply (36 critical) across 31 regulators, plus 13 to check. Risk rating: high. Licensed or supervised regime: AML/CTF reporting entity, credit provider, APRA-regulated. These carry licence conditions, regulator audit and per-contravention civil penalties.
Turnover $100M–$1B instead of $10M–$100M: what changes
Compared with a Pty Ltd company with 100–499 employees, turnover $10M–$100M in South Australia, 10 obligations apply that did not.
- Applies: AASB S2 Scope 3 emissions + assurance phase-in
- Applies: Lodge mandatory climate-related financial disclosures (ASRS S2)
- Applies: Publish an annual Modern Slavery Statement
- Applies: Maintain auditor / financial reporting (Chapter 2M)
- Applies: Comply with corporate whistleblower protections (Part 9.4AAA Corporations Act)
- Applies: Lodge Payment Times Reports (large business)
- Applies: ASRS Group 3 climate disclosure — FY commencing on/after 1 July 2027
- Applies: Scope 3 emissions disclosure (AASB S2 + voluntary)
- Applies: Modern Slavery Statement (Cwlth)
- Applies: Climate scenario analysis (AASB S2)
South Australia law that applies
3 South Australia obligations apply on these facts:
| Obligation | Why it applies |
|---|---|
| PCBU primary duty of care (SA WHS Act s 19) | Every business is a PCBU — the primary duty of care applies whether or not you employ anyone · SA law |
| Industrial manslaughter offence (SA WHS Act s 30A) | Applies to every PCBU and its officers — a death caused by reckless or negligent breach of a WHS duty is a crime · SA law |
| Pay South Australian payroll tax when threshold met | 100–499 employees — wages far exceed the SA payroll tax threshold of $1.5M |
Payroll tax in South Australia (FY2026-27)
SA: 4.95% on Australian wages above the $1.5 million tax-free threshold (FY2026-27). On these facts it applies: 100–499 employees — wages far exceed the SA payroll tax threshold of $1.5M.
- How the threshold works
- Register once Australian wages exceed $1.5M; maximum deduction $600,000 a year ($50,000 a month).
- Returns
- Monthly by the 7th of the following month; annual reconciliation by 21 July
- Administered by
- RevenueSA
South Australia regulators
Where the obligations sit
| Area | Obligations |
|---|---|
| Privacy | 10 |
| Aml ctf | 8 |
| Workplace | 8 |
| Tax | 7 |
| Climate | 5 |
| Directors | 4 |
| Whs | 4 |
| Credit | 4 |
| Super | 2 |
| Cyber | 2 |
Critical obligations on this profile
- Enrol with AUSTRAC as a reporting entity (Authorised deposit-taking institution — AML/CTF reporting entity)
- Maintain a written AML/CTF program (Authorised deposit-taking institution — AML/CTF reporting entity)
- Customer due diligence (KYC) on every customer (Authorised deposit-taking institution — AML/CTF reporting entity)
- Suspicious matter, threshold, and IFTI reporting to AUSTRAC (Authorised deposit-taking institution — AML/CTF reporting entity)
- Notifiable Data Breach (NDB) scheme (Annual turnover over $3M — an APP entity under the Privacy Act (s 6D))
- Apply for a Director Identification Number (Director ID) (Incorporated company (Corporations Act))
- Comply with directors' general law and statutory duties (Incorporated company (Corporations Act))
- Prevent insolvent trading (s 588G) (Incorporated company (Corporations Act))
Check whether these apply
- Mortgage broker best interests duty: only if you are a mortgage broker
- ASRS Group 2 climate disclosure — FY commencing on/after 1 July 2026: only if you meet 2 of 3 Group 2 tests (revenue ≥ $200M, gross assets ≥ $500M, 250+ employees) or report under NGER
- Small Amount Credit Contract + Consumer Lease caps (post-SACC reforms): only if you provide small amount credit contracts or consumer leases
- Lodge an FBT return and pay FBT by 21 May: only if you provide fringe benefits (cars, entertainment, loans) to employees
- Wash outbound marketing lists against the Do Not Call Register: only if you make outbound telemarketing calls
- Influencer + ad disclosure under ACL + AANA Code: only if you advertise to consumers or engage influencers
- Pre-2025 ban on unsolicited credit limit increase invitations: only if you issue credit cards
- Track eligibility for the electric car FBT exemption: only if you provide electric vehicles to employees
Questions
- How many compliance obligations apply to banks and ADIs in South Australia with 100–499 employees, turnover $100M–$1B?
- 89 obligations apply (36 critical) across 31 regulators, plus 13 to check. Risk rating: high. Licensed or supervised regime: AML/CTF reporting entity, credit provider, APRA-regulated. These carry licence conditions, regulator audit and per-contravention civil penalties.
- Which South Australia laws apply?
- PCBU primary duty of care (SA WHS Act s 19), Industrial manslaughter offence (SA WHS Act s 30A) and Pay South Australian payroll tax when threshold met.
Related
- Banks & ADIs compliance in South Australia
- Banks & ADIs: all obligations
- Compliance obligations by industry, state and size
- Banks & ADIs in SA: sole trader
- Banks & ADIs in SA: sole trader with employees
- Banks & ADIs in SA: partnership
- Banks & ADIs in SA: trading trust
- Banks & ADIs in SA: no employees
- Banks & ADIs in SA: 1–5 employees
- Banks & ADIs in SA: 20–99 employees
- Banks & ADIs in SA: 100–499 employees
- Banks & ADIs in SA: 500+ employees, turnover $1B+
- Banks & ADIs in New South Wales: 100–499 employees, turnover $100M–$1B
- Banks & ADIs in Victoria: 100–499 employees, turnover $100M–$1B
- Banks & ADIs in Queensland: 100–499 employees, turnover $100M–$1B
- Banks & ADIs in Western Australia: 100–499 employees, turnover $100M–$1B
- Banks & ADIs in Tasmania: 100–499 employees, turnover $100M–$1B
- Banks & ADIs in Northern Territory: 100–499 employees, turnover $100M–$1B
- Banks & ADIs in Australian Capital Territory: 100–499 employees, turnover $100M–$1B
- Enrol with AUSTRAC as a reporting entity: does it apply to banks & adis?
- Maintain a written AML/CTF program: does it apply to banks & adis?
- Customer due diligence (KYC) on every customer: does it apply to banks & adis?
- Suspicious matter, threshold, and IFTI reporting to AUSTRAC: does it apply to banks & adis?
Sources
- RevenueSA: payroll tax thresholds and rates
- PCBU primary duty of care (SA WHS Act s 19)
- Industrial manslaughter offence (SA WHS Act s 30A)
- Enrol with AUSTRAC as a reporting entity
- Customer due diligence (KYC) on every customer
- Suspicious matter, threshold, and IFTI reporting to AUSTRAC
- Notifiable Data Breach (NDB) scheme
- Apply for a Director Identification Number (Director ID)
Computed by the Rules Mate applicability engine from the published obligation corpus; facts last checked 3 October 2026. Rules Mate is not a law firm and this is general information, not legal advice. Confirm your position with the regulator source or a qualified adviser before acting.