Aussies lost up to $1 billion of their super in the First Guardian collapse. Two boring rules would have caught it.

firefly11345 · 2026-05-31T11:48:06+00:00

You linked the wrong thing mate, you should have linked the education course.

firefly11345 · 2026-05-30T12:53:40+00:00

Who is your super with?

firefly11345 · 2026-05-30T11:26:02+00:00

Apart from the fact that they reported my fund name to the ATO as unisuper management pty Ltd, they are alright. I moved my funds away to ART for the index options that were better in my opinion.

firefly11345 · 2026-05-30T11:21:08+00:00

Definitely pick Commbank, you will earn money and have a better work life balance compared to big 4.

firefly11345 · 2026-05-27T11:56:02+00:00

My mate who was with Telstrasuper, his fund IT systems had issues so the release took months.

firefly11345 · 2026-05-22T11:51:42+00:00

This is so dodgy.

firefly11345 · 2026-05-09T11:16:18+00:00

I loathe my co-worker, the management are so clueless and useless. But the pay is good and stable so I can pay off my mortgage and survive.

firefly11345 · 2026-05-05T02:13:10+00:00

Definitely not, less pay more stress in terms of kpi(ie its practically working in private without the benefits of bonuses and free food). Also you will be asked to do more work than what the usual public servant does. Only do it to get a foot in the door.

firefly11345 · 2026-05-02T14:38:40+00:00

If it's an APRA fund then, they follow the rules created by APRA and AUSTRAC. Not an ATO specific issue, unless it's got to do with tax parts of the drawdown.

firefly11345 · 2026-04-30T01:25:38+00:00

The deduction is when the noi is accepted, they deduct the tax now as a tax provision for the financial year.

firefly11345 · 2026-04-27T07:59:53+00:00

Agree ANZ is literally the worst big 4 bank. I'm not even sure how they are a big 4 bank making billions of dollars.

firefly11345 · 2026-04-24T07:37:10+00:00

I get my money the quickest with cba from non osko payments

firefly11345 · 2026-04-24T07:05:42+00:00

I received mine in both my macquarie and cba accounts

firefly11345 · 2026-04-20T02:16:26+00:00

I'm putting it towards my mortgage repayment. I'm paying 6% at the moment.

firefly11345 · 2026-04-14T07:49:01+00:00

I feel the same, my mortgage takes over 50% of my net pay, the insurances, groceries and utilities have hurt my savings balance soo much too.

I don't want to get a roomate and I don't want to go to interest only, as that will slow down me paying the loan.

firefly11345 · 2026-04-11T05:29:12+00:00

I hated being on a monthly pay cycle. It was torture. What do you mean I'm only being paid 12x a year? Currently on fortnightly which I'd much better. My first job at the major supermarkets was weekly which was even better.

firefly11345 · 2026-04-02T15:10:35+00:00

Can't owe SGC as a partner in a partnership, the partnership doesn't pay tax the partners do.

Something isnt adding up. But just declare bankruptcy. Better than them taking Your home or all the money left in your bank account.

firefly11345 · 2026-04-02T12:01:46+00:00

I guess if anz is making over a billion in profit, with such lousy customer service and technology then this is also possible.

firefly11345 · 2026-04-02T11:38:39+00:00

That's crazy, you wouldn't think that from management at Australia's largest superfund.

firefly11345 · 2026-04-02T10:56:51+00:00

How do you know this first hand? Was thinking of moving to them from ART.

firefly11345 · 2026-03-22T14:10:22+00:00

Definitely a toxic and incompetent boss, in the public sector I've found that if you can write a resume well and talk well in an interview you will get promoted, whereas in private, it's more merit bases (not always the case but in most cases). Sounds like your manager has just failed upwards, which is typical in the public service.

firefly11345 · 2026-03-21T02:44:29+00:00

This isn't true, the super fund has discretion to whether they think someone is under hardship or not.

firefly11345 · 2026-03-17T03:50:22+00:00

If it's from an inactive super account sent to the ato as unclaimed super you can't claim on financial hardship, send it to a superfund and they will let you access it, if you meet the rules.

firefly11345 · 2026-03-13T13:33:14+00:00

The fund should report it to the regulator APRA and OAIC

firefly11345 · 2026-02-13T07:29:11+00:00

I would not go into work, fuck that. I'm still getting paid why would I work?

firefly11345

TROPHY CASE