Skip to main content
Financial Assistance Hub

Safe & Savvy – A guide to help older people avoid abuse, scams and fraud

28 November 2019

We know that people over the age of 50 are at risk of financial abuse, scams and fraud. This is often called elder financial abuse.

Elder financial abuse can take many forms and happen to anyone. It is a mistake to think it couldn’t happen to you or those you love.

Even though it’s hard to discuss, the more we understand what elder financial abuse is, the more we can identify it, talk about it, and take action to prevent it from happening.

This guide is for our older customers and their loved ones. We want you to be safe and savvy when managing your money.

Download PDF

Latest news

1 / 3
Media Releases
New payments system rules welcomed by banks
4 September 2025

Australia’s banks welcome the passing through the Senate of new legislation to ensure payments laws are up-to-date and reflect today’s digital economy. The new laws will bring digital wallets, cash distribution services, buy now, pay later schemes and other emerging payment methods within regulatory oversight, significantly enhancing protections for customers. ABA CEO Simon Birmingham said… Read more »

Read more
Media Releases
Banks welcome passage of Payments System Modernisation Bill through the House
3 September 2025

The ABA welcomes the passage through the House of critical legislation to ensure Australia’s payments regulatory framework is brought up-to-date and urges the Senate to quickly pass this overdue legislation too. The proposed legislation will bring digital wallets, cash distribution services, buy now, pay later schemes and other emerging payment methods within regulatory oversight, significantly… Read more »

Read more
Media Releases
Fans urged to watch out for ticket scams ahead of footy finals
28 August 2025

With the AFL and NRL finals about to kick off and demand for tickets set to surge, the Australian Banking Association is warning footy fans to be on the lookout for scammers.  The ABA is issuing this warning during Scams Awareness Week and as tickets for the AFL finals go on sale from today.  … Read more »

Read more