Scams Archives - Consumers' Federation of Australia

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…

30 August , 2024

Consumer Advocates Call for Mandatory SMS Anti-Scam Registry

The growing rate of scams and the devastating impact they are having on Australians has been recognised by the Federal Government through the establishment of the SMS Sender ID Register – but it should be made mandatory. ACCAN has welcomed this important step in the fight against scams but urges the government to ensure that…

29 August , 2024

ASIC Report Reveals “shameful neglect” of Banks to Customers

A new report published today from the Australian Securities and Investments Commission (ASIC) reveals a “shameful neglect of thousands of banking customers who have been scammed through no fault of their own and collectively lost millions of dollars”, says Consumer Action Law Centre CEO, Stephanie Tonkin. The report, Anti-scam practices of banks outside the four major…

26 August , 2024

Scam Awareness Week: Share a Story, Stop a Scam

This Scams Awareness Week (26 to 30 August) the National Anti-Scam Centre is encouraging Australians to speak up, share their experiences with others and to report scams to Scamwatch. “We all have a part to play in shutting down criminal scammers. By talking to each other, we can make sure no one is alone in the fight…

12 August , 2024

Top Consumer Tips to Beat Cost of Living Pressures

With ongoing cost of living pressures impacting household budgets, the Consumer Affairs Victoria has come up with some tips to help you become an informed and savvy consumer and to save some money along the way. When you shop, think carefully before you buy. Learn more about consumer guarantees here. Save at the checkout by…

6 August , 2024

Advocates Continue Call for Reimbursement Policy as Scam Complaints to AFCA go ‘off the charts’

The Australian Financial Complaints Authority (AFCA) received a record number of complaints in 2023-24 after disputes to the ombudsman service increased 9 per cent to more than 105,000 for the year. Complaints about scams, online and personal transaction accounts, credit cards, and personal loans all saw significant increases. Consumer Action Law Centre CEO Stephanie Tonkin…

5 August , 2024

Job and Employment Scams a New Focus of the National Anti-Scam Centre

The National Anti-Scam Centre will coordinate a jobs and employment scam fusion cell to disrupt criminal groups advertising or offering jobs which do not exist. Job and employment scams are targeted to steal money and personal information. Scammers often impersonate legitimate businesses or well-known recruitment agencies. They use a variety of methods to advertise non-existent…

25 July , 2024

Money Yarns, Stronger Futures – Highlighting Challenges and Bold Recommendations

The Consumer Action Law Centre has today released a groundbreaking report titled Money Yarns, Stronger Futures. The report amplifies the voices of First Nations people, sharing their personal experiences to shed light on the significant challenges they face in achieving financial prosperity. Money Yarns, Stronger Futures not only highlights these challenges but also offers bold recommendations for both…

16 July , 2024

Banks Victim Shaming Approach ‘immoral’ and Out of Touch with Community Expectations

Banks victim-shaming approach ‘immoral’- Tonkin New polling by Essential Media is unequivocal: the vast majority (75%) of Australians expect banks to keep their money safe from criminal scammers, and if they fail, to return it to their accounts. Australians lost a massive $2.74 billion to scammers in 2023, that’s hundreds of dollars for every household in our country…