OpenAI's Medicare hack, First Home Super Saver Scheme explained & the Super App selloff

OpenAI hacked an Australian Medicare portal and the government didn’t find out from the company until months later. We unpack what the incident says about AI safety, human error & who should be liable when autonomous systems cross the line. Then, why booming US business activity could spell trouble for interest rates, before closing out Super September with listener questions on the First Home Super Saver Scheme, ETFs & gearing inside super. Plus, we take a trip around the world to check in on the battered “super apps” and ask whether the businesses are stronger than their share prices suggest.

In this episode:

00:00 OpenAI hacked Medicare

07:08 When good economic news becomes bad news

11:25 Super September: Your final questions

12:02 First Home Super Saver Scheme explained

17:02 ETFs and taking control of your super

22:11 Gearing inside superannuation

25:41 What exactly is a “super app”?

31:12 Apps under the microscope

Stocks & ETFs Mentioned: Betashares Australia 200 ETF (ASX: A200), iShares S&P 500 ETF (ASX: IVV), Betashares Wealth Builder Diversified All Growth Geared ETF (ASX: GHHF), ProShares UltraPro QQQ (NASDAQ: TQQQ), Tencent (HKEX: 0700), Grab (NASDAQ: GRAB), GoTo (IDX: GOTO), Sea Limited (NYSE: SE), Kakao (KRX: 035720), Rakuten Group (TYO: 4755), Mercado Libre (NASDAQ: MELI), Jumia Technologies (NYSE: JMIA), Toyota Motor (NYSE: TM), Caterpillar (NYSE: CAT), Marriott International (NASDAQ: MAR), Delta Air Lines (NYSE: DAL), Darden Restaurants (NYSE: DRI), A.P. Moller - Maersk (CPH: MAERSK-B), Union Pacific (NYSE: UNP), Samsung Electronics (KRX: 005930), SK Hynix (KRX: 000660), Taiwan Semiconductor Manufacturing Company (NYSE: TSM), Amazon (NASDAQ: AMZN), Meituan (HKEX: 3690), PDD Holdings (NASDAQ: PDD), JD.com (NASDAQ: JD), Alibaba (NYSE: BABA)

Share your thoughts via this link and help shape Betashares Super. You’ll go in the draw for your chance to win 1 of 4 $250 Prezzee gift cards. T&Cs apply. The form is open until midnight AEDT, 30 September 2026. Betashares Holdings Pty Ltd is conducting this competition. Please read the relevant PDS and TMD before deciding whether to invest in the new Betashares Super or Betashares Pension products - https://betashares.typeform.com/to/e7hyKA2R

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This podcast is intended for education and entertainment purposes only. Any advice is general advice and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If unsure, speak to a financial professional. The host of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares Group but maintains editorial independence and operates under Australian Financial Services licence 540697.

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