Scams Archives - Consumers' Federation of Australia

17 March , 2025

Time to scrap ‘consumer protection’ rules that don’t protect consumers

Australia’s peak communications consumer body, ACCAN, has today called for the weak and ineffective industry-drafted Telecommunications Consumer Protections (TCP) Code to be scrapped in favour of robust and enforceable industry standards that better protect Australian consumers. Communications are an essential service – yet the rules which exist to protect communications consumers are failing in their…

13 March , 2025

Scam losses fall, but the cost is still too high

Consumer Action Law Centre says a report released today from the National Anti-Scam Centre, Targeting scams, reveals a welcome fall in the value of reported scams losses for 2024 (down by 25.9% to $2.03 billion). Still, the huge sum lost by nearly half a million victims, in the midst of a cost-of-living crisis, is deeply concerning. “While…

13 March , 2025

AFCA empowered to investigate all banks involved in a scam

Assistant Treasurer, Stephen Jones has announced strengthened pathways for victims to seek compensation where wrongdoing has occurred. A Ministerial Direction announced yesterday, will empower the Australian Financial Complaints Authority (AFCA) to investigate every bank involved in the scam, both the sending and receiving bank. Consumer Action Law Centre CEO Stephanie Tonkin thanked the Assistant Treasurer for his…

14 February , 2025

Advocates welcome scam laws, but highlight need for reimbursement

Consumer advocates say the passing of the Scams Prevention Framework (SPF) fills a gaping hole in the law and in time should protect many Australians from falling victim to the scourge of scams. But thousands of future victims -many of whom will lose everything to sophisticated scams- have an uphill battle for redress. “I am…

31 January , 2025

Joint media release from Australian and Philippines authorities as over 5,000 Australians receive text warnings over a romance scam

This is a joint media release between the AFP, National Anti-Scam Centre, Philippines Presidential Anti-Organized Crime Commission and National Bureau of Investigation Editor’s note: Text message screenshot, images from investigation, and audio grabs from AFP Commander Graeme Marshall are available via Hightail Authorities have texted more than 5000 potential victims in Australia to warn they may…

15 January , 2025

Joint Submission Urges Law Reform and Mandatory Industry Action

This is a joint submission made on behalf of:• Consumer Action Law Centre• CHOICE• The Australian Communications Consumer Action Network• Financial Rights Legal Centre• Super Consumers Australia• Financial Counselling Australia• Westjustice• Consumer Credit Legal Service WA Our organisations are pleased to have the opportunity to provide our feedback to the Senate Economics Legislation Committee. We…

16 December , 2024

Win for Consumers and Advocates as ASIC Sues HSBC Australia, Alleges “widespread and systemic” failings

HSBC Bank Australia Limited (HSBC Australia) failed to adequately protect customers scammed out of millions of dollars, according to documents filed by ASIC in the Federal Court today. ASIC alleges HSBC Australia failed to have adequate controls in place to prevent and detect unauthorised payments and failed to comply with its obligations to investigate customer…

16 December , 2024

Consumer Affairs Ministers Set 2025 Agenda, Consumer Protection to remain at the forefront

Commonwealth, State, Territory and New Zealand Consumer Affairs Ministers met on Tuesday 10 December 2024 to renew their commitment to strengthen consumer protections across the country. Ministers attending the meeting, chaired by Commonwealth Assistant Treasurer Stephen Jones, acknowledged the substantial progress on key reforms to the Australian Consumer Law over the past year, including work to strengthen…

21 October , 2024

People in Hardship Targeted in Criminal Financial Assistance Scams

The National Anti-Scam Centre is warning Australians that criminals are impersonating charities and offering fake financial assistance schemes to target people experiencing financial hardship. No Interest Loan Schemes are offered by trusted charities such as Good Shepherd and the Salvation Army and are intended to support low-income earners and people in hardship who are experiencing…

10 October , 2024

Advocates Warn Scams Prevention Framework Needs Assumption of Reimbursement, Not Halfway Measures

A broad coalition of consumer advocates is calling for the Albanese Government to make one fundamental change to the proposed Scams Prevention Framework (SPF) and put reimbursement at its core, warning that without this improvement the SPF is not going to work for the tens of thousands of Australia’s robbed by scammers. The group’s call…

18 September , 2024

National Anti-Scam Centre Launches Online Scamwatch Advice in 17 Languages

Important advice about how people in Australia can protect themselves from scams is now available online in an additional 17 languages other than English on the National Anti-Scam Centre’s Scamwatch website. The new in-language videos and updated written advice on how to spot and avoid scams will make Scamwatch an even more useful resource for culturally and linguistically…

17 September , 2024

Advocates Welcome New Scam Framework, Urge Consumer Safeguards be at the Front and Centre

Consumer Action Law Centre, CHOICE, the Australian Communications Consumer Action Network (ACCAN) and Super Consumers Australia, have welcomed the announcement from the Albanese Government of a consultation on a draft bill starting today, for the proposed Scams Prevention Framework. “I congratulate Assistant Treasurer Stephen Jones and the Albanese Government for pushing ahead with these scam…