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The Collapse

The Collapse

CHOICE Australia / Super Consumers Australia 4 Episodes Oct 26, 2026

The Collapse is an investigative podcast from CHOICE and Super Consumers Australia about a major Australian superannuation scandal. It examines how more than 11,000 Australians lost their retirement savings and over $1.1 billion disappeared from the Shield and First Guardian master funds. Senior investigative journalist Jarni Blakkarly reports on the events and the people affected.

Episodes

Episode 1: Show Me The Money - The Collapse
Episode 1: Show Me The Money - The Collapse Oct 26, 2026 24:12 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 s
Episode 2: A House Of Cards - The Collapse
Episode 2: A House Of Cards - The Collapse Oct 26, 2026 35:55 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 an
Episode 3: The Pursuit Of Justice - The Collapse
Episode 3: The Pursuit Of Justice - The Collapse Oct 26, 2026 39:33 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
The Collapse Trailer - The Collapse
The Collapse Trailer - The Collapse Oct 20, 2026 01:49 Welcome to The Collapse. The story of Australia's biggest superannuation scandal involving the Shield and First Guardian master funds.

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