How to spot scams, heading into tax season

Tricked consumers lose record amount to purchase scams

New data says 24 per cent of Australians have already been targeted with a tax-related scam. Credit: AAP

With Australians entering tax season, experts are urging caution due to a high number of scammers using the opportunity to target Australians for their personal information.


Key Points
  • New data from the Commonwealth Bank of Australia suggests 24 per cent of Australians have already been targeted with a tax-related scam, with 31 per cent struggling to identify different types of scams.
  • The National Anti-Scam Centre’s latest Targeting Scams report revealed Australians lost $2.74 billion to scams in 2023 and reported over 601,000 different scams to key monitoring organisations.
  • The advice is "stop before clicking on that link or make that transfer; think carefully if it's legitimate and protect yourself from scams".

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