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Financial Assistance Hub

Scams & CyberCrime

23 September 2021

Last year, Australians lost a total of $851 million to scams.

Each year, scammers find new ways to target Australians to steal their money, information and even their identity.

Join two of Australia’s most prominent cybercrime authorities to hear about the types of scams that are on the rise and how to reclaim your identity, should it be stolen.

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Latest news

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Media Releases
Australian banks welcome new Federal Government action to crackdown on financial crime
16 October 2025

Australian banks strongly welcome the Federal Government’s announcement of two key measures aimed at curbing financial crime and better protecting consumers. New powers for AUSTRAC to ban high-risk cryptocurrency ATMs and expanding access to Visa Entitlement Verification Online (VEVO) checks by banks will build on ongoing efforts to safeguard Australians from scams and crack down… Read more »

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Media Releases
Banks welcome more progress to modernise payments system rules
9 October 2025

The ABA welcomes today’s release of the exposure draft legislation to modernise the regulation of payment service providers. ABA CEO Simon Birmingham said the proposed reforms represent another important step towards ensuring Australia’s payments system remains safe, secure and fit-for-purpose. “Australians now have access to a range of payment options and no matter how they… Read more »

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Media Releases
Finalisation of independent pricing model report to support cash distribution
3 October 2025

Deloitte Access Economics has now determined its recommended regulated pricing model for Armaguard’s Cash-in-Transit services. The final independent pricing mechanism report has been provided to Armaguard as well as the major banks and major retailers.  This is an important milestone in working to keep cash available around Australia, even while people are using less of… Read more »

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