they're not even hiding it from you anymore. Victorian Premier Jacinta Allen

just said it out loud. She believes your superannuation fund

has an obligation to invest your retirement savings

into her government's failing projects. Let me repeat that,

an obligation. This isn't a request, it's a

demand. They see the $4.3 trillion sitting

in Australian super accounts and they want it. they

see it as their personal slush fund to bail out

their own incompetence. They've blown the budget, they're drowning in

debt, and now they're coming for your super. This

is the single biggest threat to retirement in Australian history. But

there is an escape hatch. There is a way to protect your

wealth from this raid. And today, I'm going to show you exactly

how to do it. First, Why the sudden desperation? Why

is the Victorian Government suddenly eyeing off your super

like a hungry dog staring at a steak? Because they

are completely and utterly broke. Let's

look at the numbers. Victoria's net debt is forecast

to hit a record $194 billion in 2028. That's $194 billion, with a B. Their credit rating is

the lowest in the country. And

where did all the money go? Into a black hole of

socialist incompetence. Their four signature infrastructure

projects have blown out by more than $65 billion.

The Suburban Rail, the Westgate Tunnel, the

North East Link, the Metro Tunnel. Every

single one a fiscal disaster. They've maxed out

the credit cards. The banks are reportedly saying no

more. And now they're looking for a new source of cash. And

guess what? They've found one. You. As

Shadow Minister and Nationals MP Pat Conahead said, Having

blown the Victorian budget, she now wants to raid the

retirement savings of every Australian. This

isn't about building a better future. This is about plugging a

giant gaping hole in a budget that's

been destroyed by mismanagement. Now, let me

give you some context here. This isn't some abstract economic

theory for me. I've lived it. For many, many years, I

went through financial tough times. I was basically living on credit.

I was going backwards. And it wasn't because of inflation and

monetary debasement, although that would have been happening as

well. It was for other reasons. But I know what it

feels like to be on the back foot, to be struggling, to get ahead

while the system feels like it's rigged against you. I was able

to climb out of that and get back on my feet and create a

business that has now done over $70 million. But

I've never forgotten what it felt like. And it was brutal. And

when I see a government bloated with debt and reeking of

absolute incompetence, openly talking about raiding

the retirement savings of hardworking people in

Australia, it makes my blood freaking boil. Because

they're the ones who create the conditions that make it so hard for

everybody to get ahead in the first place. They print the money that

devalues your savings. They create the regulations that

stifle small businesses. And now, after all that,

they want to take the one thing that you have left, your

super, and use it for their bloody mistakes.

This isn't about building a better future. This is about a government that

has failed spectacularly at managing its

own finances, that is now looking at your life

savings as a get-out-of-jail-free card. They've

maxed out their own credit cards and now they're coming for yours.

Now, it would be bad enough if this was just one rogue

premier in a broke state, but it's not. This is

a coordinated two-pronged attack from both state

and federal labor. So while Jacinta Allen is in Victoria demanding

super funds to invest in her projects, what's happening

in Canberra? Well, federal treasurer Jim Chalmers

is conveniently considering adjusting

the superannuation performance test. He wants to remove the

so-called barriers for funds to invest in. What

a surprise. Long-term housing and clean energy

projects. Government approved projects. It's a

freaking joke. Do you see what's happening here? So step one,

Jim Chalmers weakens the rules that force super funds to

get the best possible return for you, right? They weaken that

ruling. Step two, Jacinta Allen steps in

and says, now that the rules are weaker, you have an obligation

to give us all your money for our projects. They're attacking

your super from both sides. They're changing the rules of

the game so they can legally funnel your retirement savings

into their own prep projects. whether those projects make financial

sense or not. Now, this isn't a conspiracy theory. They

are telling you their plan. They are openly admitting they

want to use your money to fund their agenda. And

here's what really gets me, the timing. This isn't

happening in a vacuum. We're in an environment where inflation is

eating away at your purchasing power. Interest rates have been jacked

up. The cost of living is through the roof. And now on top

of all that, they want to take the one thing that Australians have been

counting on for their retirement and gamble it on

projects that have already proven they can't be delivered on time

or on budget. Just think about that. You've been forced to

put money into your super your entire working life. You

didn't get a choice. The government mandated it. And

now, after decades of compulsory contributions, they're

changing the deal. They're changing the goalposts. They're

saying, actually, That money we forced you

to save, we need to put it into our own projects. It's

like being forced to save for a house deposit, and then right when you're ready

to buy it, the bank says, actually, we're going to lend you a

deposit to someone else. But don't worry, you'll get it back

eventually. Maybe. This brings us to the most fundamental

point, the great betrayal at the heart of this whole

thing. What is superannuation? It's not the government's

money. It's not a public infrastructure fund. It

is your money. It's a compulsory savings vehicle designed

for one purpose and one purpose only, to provide

for your retirement. Superfunds have a legal fiduciary

duty to act in the best financial interest of their members. That

means their only job is to get the highest possible return

for the lowest possible risk. Full stop. Their

job is not to prop up the failed state governments. Their

job is not to fund nation-building projects that

have already blown out by $65 billion. Are

you hearing me here? Their job is not to fulfill Jacinta

Allen's socialist fantasies. As macro-business economist

Leith Van Onselen put it, Superannuation savings belong

to Australian members, not the government. It is bad

enough that our governments waste countless billions on boondoggle projects.

They shouldn't add Australia's superannuation savings into the mix. And

you know what? He's exactly right. This proposal is

a fundamental betrayal of the entire purpose of superannuation. Let's

dig into that term, fiduciary duty, because it's a

concept that politicians seem to have conveniently forgotten.

A fiduciary duty is the highest standard of care in

law. It means the person managing your money must act

with undivided loyalty in your absolute best

interest. They can't have a conflict of interest. They can't serve

two masters. They can't serve you, the member, and

serve the political agenda of a state premier. When

your super fund invests your money, they are legally required

to assess the assessment based on risk and return. That's it.

They are not supposed to consider whether it helps the government to get re-elected

or whether it aligns with a particular social agenda. Their

only question should be, will this make our members more

money for their retirement? Now, what Jacinta Allen is

asking them to do is to violate that sacred duty. She's

asking them to put the interests of the Victorian Labor Party

ahead of the interests of their own members. It's not just immoral,

it's a potential breach of the law. And every single Superfund trustee

in the country should be on high alert. So let's

be crystal clear on what best financial interest means.

It doesn't mean best social interest or

best political interest. It means best return

for a given level of risk. If a super fund invests in

a Victorian government bond that yields 4%, when

they could have invested a corporate bond with the same risk profile that

yields 6%, they have violated their

fiduciary duty. They have cost you money. And

what Jacinta Allen is proposing is a systemic widespread violation

of that duty. She's asking funds to knowingly accept

lower returns to fund her political agenda. It's

a direct assault on the very foundation of our superannuation

system. Now, whenever you hear a politician use the term nation

building, grab your wallet. It's code for, we're

about to waste your money on something that looks good on the brochure, but

makes no financial sense. They want to invest in

hospitals and schools and roads. Sounds great, right?

Who doesn't want better hospitals and schools? But that's the

government's job. That's what our taxes are for. You

know, those super high taxes that we already pay on a federal

and state level. They've failed so spectacularly at

their job, managing the state's finances, that they want

to now confiscate your retirement savings to

do it for them. So let's be clear, if these

projects were actually profitable, they wouldn't need to pressure super

funds to invest. Private investors would be lining up,

right? The reason they're not is because these projects are

financially black holes. They're asking your super fund

to make a bad investment with your money to cover their bad

decisions. It's a transfer of risk from their

failed budget directly to your retirement. This

is a nation building. This is a bailout. And

you're the one paying for it. Here's the other thing they're

not telling you. When governments invest in infrastructure, they

almost always underestimate the costs and

overestimate the returns. It's called optimism bias.

It's baked into every single one of these projects. The

suburban rail loop was supposed to cost $50 billion. Do you remember that?

It's now projected to cost over, wait for it, $200 billion.

Now that's a four times blowout and they

want to invest your super fund in things just like

that. Would you invest your own money in a project that's already four

times over budget? Of course you wouldn't. But they're asking

your super fund to do exactly that, because it's not

their money. And this is the socialist agenda. They

just want to take your money. And it's not just the big projects.

It's the culture of waste. It's the millions spent

on consultants to write reports that nobody reads. It's

the endless layers of bureaucracy that add cost but

no value. It's the political vanity projects that serve

no purpose other than to get politicians' faces in

the paper. This is the system they want to

pour your retirement savings into, a system that is

fundamentally broken and has proven time and

time again that it cannot be trusted with money. Think about

the Sydney Opera House, a global icon, right? It

was supposed to cost $7 million and be finished in

1963. Wait for this. It ended up costing

$102 million and it wasn't finished until a decade later,

1973. Now that's a 14 times blowout and that's considered a

success. So this isn't a bug in the system, it's

a feature. Governments are structurally incapable of

managing large projects efficiently because there's no real consequence for

failure. If a private company blows its budget, it goes

bankrupt. If a government blows its budget, it just raises taxes

on you, or in this case, comes after your super. So

what's the solution? How do you protect yourself? This

is the unless you do this part of the episode. The smart

money is already moving. As the professional planner magazine

noted, mandating super for nation building will

cause a flight to, you guessed it, SMSFs, self-managed

super funds. And guess what? Self-Moneyed Superfunds

is your escape hatch. With a regular super fund, you

give your money to a massive institution like the

Australian Super or Host Plus or CBUS. And

guess who runs CBUS? Guess who's the chairman of CBUS? You

can't even make this up. It's the former treasurer of Australia,

Wayne Swan. Yeah. And he's in cahoots with guess who?

Jim Chalmers, the current treasurer of the Australian Labor

Party. And guess what else? Wayne Swan has already

said that he thinks it's a great idea to redirect his

members' funds in CBUS to these nation-building projects.

So there you go. They make all the decisions. And as we're seeing,

they are vulnerable to government pressure. Unless, of course, you're

Wayne Swan and you're already in cahoots in the Labor Party already. So

with an SMSF, you are the trustee. You make

the decisions. you have complete control over your retirement savings.

If the government tells Australian Super they have an obligation to

invest in Victorian infrastructure, then Australian Super

has to listen. And if the government tells you that, you can

tell them to get lost. because an SMSF gives

you back the power. It makes you sovereign over

your own wealth, over your own retirement. You

are no longer a passenger in a system being driven off

a cliff by incompetent politicians. You are

the driver. Now, I know what some of you are thinking. Matt,

isn't an SMSF complicated? Isn't it expensive? Isn't

it for like the rich people? Well, no, no, and no.

Yes, there's some responsibility. Yes, you need to do

your homework, but the barriers are lower than you think. You

can set up an SMSF with as little as 200K

in super, potentially even less if you're allocating to

the number one performing asset. Of course, you know what that's going to be. and

some start with actually as little as $50,000. Now, what

are the annual costs? Usually between $1,000 to $3,000 a

year, depending on your setup, because you have to have compliance along

the way. Now, that's it. So let's break that down a bit more, because

the financial industry loves to make this part sound like

you need a PhD in astrophysics to manage your

own money, but you don't. The process is straightforward. First,

you engage a specialist, an accountant or a financial advisor

who actually understands SMSFs. Not

one who just wants to keep you in their retail fund though.

This is important. They'll help you with the trust deed, which

is basically the rule book for your fund. You'll register the

fund with the ATO and get an ABN. Then comes the

rollover. You instruct your old bloated rubbish

super fund like Host Plus or Australian Super or I

mentioned before CBUS to send your money to

a new SMSF bank account. The whole process can

take as little as a few weeks. It's paperwork, yes,

but It's paperwork of freedom. That's how I

need you to think about this. Compare that to the fees you're paying with

your current super fund. Most retail super funds charge

between 1% and 2% per year. So on a $200,000 balance, that's $2,000 to $4,000 a year already,

right? You're already paying that. The difference is, with an SMSF, you

get control. And that's the whole point. And guess what? The

government knows this. They know that if they push too hard,

if they make it too obvious they're trying to raid your super, and

they basically are, people will flee to SMSFs. That's

why they're trying to do it quietly. That's why they're using

language like obligation and nation building instead

of just saying what is confiscation. But

setting up an SMSF is only half the battle. The real question

is what do you put in it? You could do like stocks,

or do you put bonds, property, all of those are

tied to the same system, a system that is providing

itself to be corruptible and fragile. When

you buy shares, you're buying a piece of a company that operates within

a government's framework. When you buy bonds, you're lending

money directly to the government or a corporation. When

you buy property, you're buying an asset that can be taxed, regulated,

and even seized. And this is where Bitcoin comes

in. It is fundamentally a different type of

asset class. Bitcoin is the ultimate

sovereign asset, is the only asset in the world that is

completely outside of government control. They can't print more of it

to devalue your savings. They can't force you to invest it

in their pet projects. They can't seize it if

you hold it correctly in self-custody. When you combine the legal

structure of an SMSF with the sovereign nature of Bitcoin, you

create a financial fortress. You can build a vault

that no politician, no bureaucrat, and

no desperate premier can crack. Your SMSF is

the legal shield. Bitcoin is the impenetrable asset

inside it. So guys, this is how you opt out. This

is how you protect your family's future from the people who have

proven they cannot be trusted. While everyone else's

super is being funneled into projects that will never see

a return, your wealth is secured in a decentralized, global,

incorruptible network. And let's talk about the how. Once

you have your SMSF set up, you can open an account with a

reputable Australian crypto exchange. When it comes to exchanges, you

need one you can trust, especially for your SMSF.

It's why I personally use CoinStash, the sponsors of

today's episode. They're Aussie-owned, fully compliant, same-day

setup, and access to over 1,000 digital assets, including

Bitcoin. If you want to learn more, there's a link in the show notes to book a

free call with their team. So you open an account on an exchange, you

transfer your funds from the SMSF's bank account to the

exchange, and you buy Bitcoin. But here's

the crucial step. You don't leave it on

the exchange. You withdraw it to a hardware wallet, a

small physical device that only you control. This

is called self-custody, and it's the final step in achieving true

financial sovereignty. Your Bitcoin is now offline, disconnected

from the banking system, and completely under your

control. That's the fortress. The SMSF is

the wall, and the hardware wallet is the vault inside.

Think of it like this, leaving your Bitcoin on exchange is

like leaving your gold with a bank that is direct line to the

government. Sure, it's convenient, but if the government decides

they want it, they just have to make a phone call. So

holding your Bitcoin in self-custody is like having the gold in

a vault in your own home. They can't get to it without

coming through you. It's the difference between being a

creditor and being an owner. And in the world we're heading to,

you want to be the owner. And look, I get it.

Bitcoin is volatile. It's not for everyone. But here's

what I know. Over the last 15 years, Bitcoin has

outperformed every single traditional asset class,

every single one. Stocks, bonds, property, gold, nothing

comes close, even if you're talking about the recent rise

we've had in gold in 2025. The volatility you

see on the news is the price of entry for an asset that

has delivered average annual returns of over 100% for

a decade. Now, compare that to 7% to

8% for your super. That's what the super fund's getting you before

fees. And now, they want to take that 7% to 8% and

invest it in projects that are guaranteed to lose money. The

real volatility, the real risk, is staying in

a system that is designed to fail. And more

importantly, it's the only asset that gives you true

sovereignty. You can hold it yourself. You

can move it across borders. You can't be deplatformed.

You can't be frozen out. You can't be told you have

an obligation to invest it in someone else's failing projects.

That's the power. That's the freedom. And in a world where

governments are openly admitting they want to raid your retirement savings,

that freedom is worth more than ever. Now, here's the

next level. Once you've got your Bitcoin in your SMSF, you're

protecting your retirement. But what about Bitcoin

you hold outside your super? What about your

personal stack? This is where Bitcoin-backed lending comes

in. You can borrow against your personal Bitcoin without

selling it. You can keep 100% of the upside and

avoid capital gains tax, and you get cash to

use however you want. It's how the wealthy use property and

stocks, but with the world's hardest asset. If

you have Bitcoin outside your SMSF and you want to access liquidity

without selling, Ledin is the platform I use and trust.

You can borrow against your Bitcoin to do things like buy property, get

a new car, or build wealth, all while keeping your

Bitcoin. No pay slips, no tax returns, not

even a credit check. You can start with as little as $500 and

get funded in just hours. Link in the description to

learn more. So this is the choice we're facing. On

one side, you have the government-controlled system. A

system where your retirement is a slush fund to be rated at

will, where your obligation is to fund their failures, where

you are, for all intents and purposes, a financial serf. On

the other side, you have sovereignty. You have control. You

have a system where you make the rules, where your wealth is

protected by mathematics and code, not by

the whims of politicians like Jacinta Allen and

Jim Chalmers. They have told you what they

plan to do. They have openly admitted. They see your $4.3 trillion

in super as their solution to their spending problems. The

only question left is, what are you going to do about

it? Are you going to sit back and let them raid your

retirement? Or are you going to take control? Let me

be very clear about something. This isn't fear-mongering. This

isn't speculation. This is happening right

now. The proposals are on the table. The language

is being used. The coordination between federal and

state labor is obvious. If you do nothing, if you just

hope it goes away, you are making a choice. You're

choosing to be a passive participant in a system that is actively working

against your interest. You're choosing to trust the same

people who blew $65 billion on four

projects to be the guardians of your family's future. You're

choosing to hope that this time, they'll be different. This

time, they'll be responsible. This time, they

won't treat your life savings like a bank check. But if

you act now, if you take control of your super, if

you move to an SMSF and allocate to a sovereign asset like

Bitcoin, you're making a different choice. You're choosing

freedom. You're choosing sovereignty. You're choosing to protect your

family's future. I've been in this game long enough to know that

when government starts eyeing private wealth, they

don't stop. They start with proposals, then

they become policies, then they become mandates.

We all remember the mandates, don't we? The time to act is

before this happens. This is your wake-up call. The government

is no longer a neutral custodian of your retirement. They're

an active threat to it. They have declared war on

your wealth, And you need to decide if

you're going to fight back. If you want to learn more about

how to set up a Bitcoin SMSF, that's exactly what

I help with. Links are in the description below. But whatever you

do, don't wait. They're coming for your money. It's