The transfer balance cap is a cap on the amount an individual can transfer into what we now call the retirement phase to start an income stream. (ato.gov.au)
If chosen for an entry - level position, you more than likely will start your income at minimum wage. (ejobapplications.com)
The downside is that they are very costly, you could end up with up to 50 % lower starting income. (youngfiguy.com)