There have been 72,000 scams reported in the first 5 months of 2022
Mobile Apps averaged $28k per scam. 12% of reported scams resulted in financial losses for a total of $204 million lost.
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Lending to agribusiness
Bank lending to agribusiness rose from $77B to $93B during the COVID-19 pandemic.
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Top 20 agri, by turnover
Australian agriculture sectors, ranked by turnover, June 2021.
Scams
Scams: the dirty industry
37% of Australians know a close friend or family member who’ve lost money to a scam.