Access to Good Guys Commercial & JB Hi-Fi Solutions for Rest Superannuation Members

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This deal is for Rest Superannuation members only and grants access to Good Guys Commercial and JB Hi-Fi's Solutions websites, which offer discounted products from their stores.

For Good Guys Commercial:
Link: https://rest.com.au/why-rest/member-benefits/the-good-guys-c...
Access available until 31st July 2022. Requires individual registration. Terms & Conditions: Available to all Rest members. Offer available from 01/06/21 - 31/07/22. Members must register for The Good Guys Commercial and orders must be placed through The Good Guys Commercial portal or through the service team.

For JB Hi-Fi Solutions:
Link: http://go.rest.com.au/jbhifi
Access available until 1st October 2022. Terms & Conditions: Available to all Rest members. Offer available from 01/10/21 - 01/10/22. All orders must be placed through JB Hi-Fi Solutions portal.

The link and expiry attached to the deal is for Good Guys Commercial. You can also access both via the Rest mobile app: hit 'Menu' in the bottom right corner and then select 'Rewards' from the list. Both should appear there.

Related Stores

Rest Super
Rest Super
JB Hi-Fi
JB Hi-Fi
The Good Guys Commercial
The Good Guys Commercial

Comments

  • +58

    I've said it before and I'll say it again, jbhifi solutions is pointless. The deals… Well they're not deals.

    • -3

      Agree absolute trash

      • +4

        Fair enough, but the deal is also for GG Commercial, making ot a good deal and not neg worthy

        Edit: after reading the comments below, GG commercial was added to the deal afterwards so I understand the initial neg

        • its like REST realised just how awful JB was and then needed to add actual value to the offer later with GG

    • adding to that, REST is pointless. one of the worst performing supers lately.

      • I am currently with them (out of lazyness) but will be moving to Australian super quite soon.

        • Unisuper outperforming AussieS.

    • +1

      Yeah, half the time it's more expensive than normal JB.

  • +3

    Deal of the YEAR !!!
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    not….

    Any Bargains ?

  • +24

    For anyone still with REST

    The SDA’s status as bargaining agent for retail workers entitles it to 50 percent representation on the board of the retail super fund, REST. It also gives the union the power to railroad retail workers into joining REST, despite the fact that it significantly underperforms when compared with union-backed superannuation funds.

    • +1

      that is terrible…

    • +4

      I’ll have to relook, I thought rest performs better than other funds

      • +2

        Yeah, I thought rest performs better than other funds, too..

      • +14

        REST is performing above average, but it consistently falls short (and may have slightly higher fees) when compared to some other big funds like Australian Super.

        For anyone considering jumping ship, like I have been recently, the YourSuper comparison tool is a good start:
        https://www.ato.gov.au/YourSuper-Comparison-Tool/

        • Did you go to Australian Super? I've been procrastinating but I'm aiming at leaving ANZ for something better…

          • @ShouldIBuyIt: Not yet. But it's something I've been planning to do for a couple of months now.
            Currently, leaning heavily towards Australian Super.

          • +2

            @ShouldIBuyIt: AustralianSuper are good, but most of the Industry Funds are similarly good (Hostplus, CareSuper, etc)

            Just getting out of ANZ for a member-owned superfund will save you loads in fees, even before the performance benefits.

          • +1

            @ShouldIBuyIt: I recently moved/ consolidated super funds via the myGov site.

            I consolidated a big4 type account into an industry fund

            It was remarkably easy. Literally just a few clicks which took seconds

            I am kicking myself for not doing it sooner

        • +1

          My 16 year old just got a job at Coles and he had to sign up to a superannuation fund. Rest was chosen. I think I'll advise to stay there for a while and change after he starts to get a superannuation balance.

        • +6

          Keep in mind that usually only refers to the default investment strategy (for REST it's their Core Strategy).
          They have other investment strategies that have lower fees and better returns if you're happy to customise it yourself.

          • @gamerkonks: What strategy should my son pick? His super balance is currently zero.

            • +1

              @heal: High Growth - Maximise returns over the long-term by investing predominantly in growth assets.

              When you're young you want the growth; scale it back when you get old. I switched right before Covid; getting 23.17% return.

              Ref:

              Investment option 1 year 5 years 10 years Since inception Inception date
              Core Strategy 17.43% 8.26% 8.41% 8.59% 01/07/1988
              Capital Stable 9.14% 4.90% 5.56% 5.90% 01/10/1998
              Balanced 13.91% 6.67% 7.05% 6.96% 01/10/1998
              Diversified 19.18% 8.73% 8.85% 8.28% 01/10/1998
              High Growth 23.17% 10.16% 10.01% 8.99% 01/10/1998
              Sustainable Growth* N/A N/A N/A 5.95% 29/03/2021
              Basic Cash 0.02% 1.05% 1.77% 2.09% 01/07/2009
              Cash 0.81% 1.56% 2.18% 3.60% 01/10/1998
              Bonds 0.26% 2.30% 4.00% 4.85% 01/10/1998
              Property 6.47% 7.75% 7.74% 6.98% 01/03/2002
              Shares 27.62% 12.22% 11.59% 9.94% 01/10/1998
              Australian Shares 25.98% 10.75% 9.84% 9.99% 01/03/2002
              Overseas Shares 26.75% 12.15% 12.07% 6.97% 01/03/2002
              Australian Shares - Indexed** 26.05% N/A N/A 13.04% 06/12/2018
              Overseas Shares - Indexed** 25.13% N/A N/A 15.09% 06/12/2018
              Balanced - Indexed** 19.98% N/A N/A 11.61% 06/12/2018

            • -1

              @heal: At 16 it's unlikely your son has a grasp of the different investment strategies and the risks involved. I'd suggest staying on the Default/Balanced option for now. Give him another few years and encourage him to educate himself on the different strategies and go from there.

              Put simply: "A higher growth option will have higher risk and experience more volatile returns over the short term. But it will usually achieve higher returns over the long term. A conservative option will offer lower risk but lower returns over the long term"
              Source: https://moneysmart.gov.au/grow-your-super/super-investment-o...

              • +2

                @mboy: If you're young, definitely pick the higest growth option on offer. You have time on your side to ride out any years of negative return.

            • +3

              @heal: Because he has such a long time horizon (40+ years), I would set it to a mix of 80% International Shares - Indexed, and 20% Australian Shares - Indexed. These have $0 investment fees, and over the long term (10+ years) should perform the best (10+% pa. CAGR).

              When he gets closer to retirement, he'll want to switch to a more conservative strategy to reduce the volatility.

              You'll also want to check if there are an insurance policies on his account (Life, TPD, Income Protection) and consider if he needs them (i.e. does he have dependants, rely on his income to pay a mortgage, etc.) If not, these can really eat away at his balance when it is low and usually can be removed until such time as he needs it.

              *Keep in mind that I'm a random person on the internet and I am not a financial advisor.
              You should consider seeking independent legal, financial, taxation or other advice to check how this information relates to your unique circumstances.
              I am not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this comment.

              • @gamerkonks: Dude bro, I have the same set up and thought I was being too risky

              • +1

                @gamerkonks: Also take note of IP insurances. Most make you wait MONTHS before they start to pay out a much lesser income than what you were earning. FYI & read the fine print!

    • Thanks for this, but I guess it doesn't matter if my investment option is zero fee index?

      https://rest.com.au/retirement/retirement-with-rest/fees-and...

  • LoL cool bargain

  • Wow. What a terrible website. Don't worry guys, you aren't missing out on much..

    • Is it searchable, I can only see the 10 deals on the first page

  • If you have Westpac, they give you access till June 2022 via Westpac Reward

  • +2

    I've had access to JB Commercial for 8 years now and have used them a few times but if it's something that needs to be shipped out then I can never justify the shipping.

  • +2

    Congratulations! You have logged in!

    No login required?? I can go right through to checkout

    • +2

      Doh! Yeah, the link provided does NOT require a log in and may get someone in trouble if many Ozbarginners use it.

  • +1

    For those unaware REST also gives access to Good Guys Commercial.

    • Thanks for pointing that out. I've added it to the deal.

  • -2

    Trash deals, no thx

  • Used it to buy Ultimate Ears Boom 3 for $134 a couple of weeks ago.
    https://www.thegoodguyscommercial.com.au/ultimate-ears-boom-...

    Not the cheapest it's ever been, but about the cheapest currently available.

  • +5

    if you leave rest (which you should) you keep the app and don't log out and you can still access all the deals with $0 balance. I have been able to access all deals over a year after transferring to hostplus.

  • +4

    Can I suggest putting Good Guys Commercial first? Nobody wants jbhifi solutions

    • Fair point. Done.

      • ….They're the same company now…..

        • +2

          Yeah, but they give totally different discounts or in JB Hifi Solutions case, non-discounts.

  • -1

    Can I join Rest Superannuation and put $1 in? I'm a sole trader.

  • I've bought multiple things from Good Guys Commercial. They often have items cheaper than I'm able to find anywhere else.

    JB Hifi Solutions is absolute garbage.

  • Thanks Op. After going thru the Rest app, I actually found the discount for Booktopia to be useful and got a decent discount.

  • +1

    You can also get GGC via MLC Superannuation Member Benefits.

    Note that the Member Benefits is actually provided by Pegasus Group who are currently banned on Ozbargain.

    Took a few emails (over more than a week) for me to finally be added to the GGC access list by Pegasus but I do have it now.

    • Thanks! I didn't know!

  • +2

    No bargain listed

  • I can save $5 on a Kobo Libra 2 from JB! Seems to be the the lowest price around, but on second thoughts… I think I'll just keep waiting for a better deal lol

  • Spent 45 mins trying to get the app to log me in on working credentials. Gave up.

  • +1

    I have had TGG commercial for a while now (through Union Shopper) but have never used it. Probably should have as I just bought a new oven… however I bought it in store you use 15% off home EFTPOS cards. Assuming you can't use these on the Commercial website or can you quote the commercial price in store and buy it normally at the lower price?

    Cheers for the advice in advance.

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