# #200 - Cbus Wants to BAN You From Starting an SMSF

Page: https://stenobird.com/podcast/crypto-collective-6842291/200-cbus-wants-to-ban-you-from-starting-an-smsf
Text version: https://stenobird.com/podcast/crypto-collective-6842291/200-cbus-wants-to-ban-you-from-starting-an-smsf.md
Podcast: [Crypto Collective](https://stenobird.com/podcast/crypto-collective-6842291)
Published: 2026-08-18T06:00:00+00:00
Episode link: https://crypto-collective.captivate.fm
Audio file: https://episodes.captivate.fm/episode/cf3c01a3-0d85-491f-9587-410fe2120a19.mp3
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JSON: https://stenobird.com/v1/public/podcasts/crypto-collective-6842291/episodes/200-cbus-wants-to-ban-you-from-starting-an-smsf
Duration seconds: 957

## Resource

Build sovereign wealth, join Australia’s Fastest Growing FREE crypto community 👉 https://www.skool.com/matthewfraser 🔗 TAKE ACTION: Borrow against Bitcoin (no selling ): https://learn.ledn.io/collective Australia's #1 Crypto Exchange: https://coinstash.com.au/auth/signup?a=cryptocollective Secure your Bitcoin: https://bit.ly/TheBitcoinWay-Schedule-a-Call Sponsorships/Collabs: hey@vibezcreative.com In this new episode, Matthew breaks down how CBUS, chaired by former Labor Treasurer Wayne Swan, is pushing to restrict Australians from starting their own SMSFs. He exposes the political conflict of interest, the union ties behind CBUS, and what this means for anyone wanting control of their super. ◼️ why CBUS wants to limit SMSF pathways ◼️ how union and Labor links shape the fund’s agenda ◼️ what Aussies should consider before staying in or leaving CBUS Timestamps: 00:00:00 - Introduction 00:01:01 - What Cbus Actually Is 00:01:37 - Who Wayne Swan Is 00:02:21 - Swan’s Salary And Position 00:03:39 - Cbus And CFMEU Influence 00:04:20 - CFMEU Inquiry And Culture Issues 00:05:01 - Why Remaining In Cbus Is Incoherent 00:06:24 - Union Donations And Labor Funding 00:07:03 - What Happens If Cbus Funds Decline 00:08:12 - Cbus Fee Structure Breakdown 00:09:31 - Cbus Returns Compared To Bitcoin 00:10:51 - Side‑By‑Side Numbers Example 00:11:44 - Why Bitcoin Outperformed Industry Funds 00:11:59 - Cbus CEO Calling For SMSF Restrictions 00:12:32 - Labor‑Greens SMSF Borrowing Ban 00:12:42 - Albanese Treating Super As National Asset 00:13:04 - Why Swan Supports These Measures 00:13:17 - Why Cbus Returns Still Lose In Real Terms 00:13:41 - Why SMSF Gives Actual Control 00:14:35 - SMSF Responsibility And Sovereignty 00:14:51 - Final Breakdown Of Cbus Issues 00:15:28 - Why Industry Fights To K…

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