The Collapse

CHOICE Australia / Super Consumers Australia

More than 11,000 Australians have lost their superannuation savings. Over $1.1 billion is gone. This is the story of Australia's biggest superannuation scandal involving the Shield and First Guardian master funds. An original investigative podcast series by CHOICE and Super Consumers Australia. Reported by Senior Investigative Journalist Jarni Blakkarly.

Episodes

  1. 1d ago

    Episode 3: The Pursuit Of Justice - The Collapse

    Canberra is called to account. In Episode 3, we follow investor advocate Melinda Kee through the halls of Parliament House as she puts the questions to Senators and MPs. She finds certain politicians pushing for reform, and builds some unlikely alliances with political figures personally impacted by the scandal. Meanwhile, the Minister prepares to give his first address to the National Press Club outlining the government's plan to reform the sector in response to the Shield and First Guardian collapse.

    Episode 3: The Pursuit Of Justice - The Collapse

  2. 1d ago

    Episode 2: A House Of Cards - The Collapse

    Every house of cards collapses eventually. In Episode 2, the corporate regulator moves in on the funds and individuals at the centre of the scandal. But where were they earlier? We also meet Melinda Kee and her grassroots group of frustrated investors as they take their fight online. We look into the systems that failed them and the mechanisms for compensation that are leaving thousands waiting and short-changed. And a man at the centre of the scandal comes face to face with a woman who lost all her retirement savings.

    Episode 2: A House Of Cards - The Collapse

  3. 1d ago

    Episode 1: Show Me The Money - The Collapse

    Over 11 thousand Australians have lost their superannuation savings. More than $1.1 billion is gone. So how did the Shield and First Guardian master funds go so wrong? In Episode 1, how the funds got their hundreds of millions of dollars. We meet Wayne and Susy, regular working Australians who lost everything. And we follow the money through court documents to a luxury used-car dealership in the suburbs of Melbourne and a shiny Lamborghini that plays a surprising role.

    Episode 1: Show Me The Money - The Collapse

  4. Oct 20

    The Collapse Trailer - The Collapse

    Welcome to The Collapse. The story of Australia's biggest superannuation scandal involving the Shield and First Guardian master funds.

    The Collapse Trailer - The Collapse
  • 1 Trailer
    3 Episodes

Trailer

About

More than 11,000 Australians have lost their superannuation savings. Over $1.1 billion is gone. This is the story of Australia's biggest superannuation scandal involving the Shield and First Guardian master funds. An original investigative podcast series by CHOICE and Super Consumers Australia. Reported by Senior Investigative Journalist Jarni Blakkarly.

Information

  • Creator
    CHOICE Australia / Super Consumers Australia
  • Years Active
    2026
  • Episodes
    4
  • Rating
    Clean
  • Copyright
    © 2026
  • Show Website
    The Collapse