Warn Working Holiday Visa holders who later transition to a different work visa (e.g. 482) but don't get PR, to open a separate Superannuation (Pension) fund. Otherwise, the government will tax the entire amount at a rate of 65% if they ever have to leave the country.
If you come to Australia initially on a WHV, later transition to a different work visa (e.g Sponsored 482) but then fail to get PR, it is absolutely essential that you open up a separate Superannuation (Pension) fund If you do not and your fund contains any contributions that were added, whilst on a WHV, if you ever have to leave the country in the future, they will tax the entire amount in there at a rate of 65%. The government are very sneaky and don’t make it well known. It catches so many people out, many of whom have been working in Australia for 5+ years or more, leading to them losing tens of thousands of dollars. Sometimes more, depending on their salary. Don’t let it happen to you!