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People looking for work are losing money to scammers who pretend to be real organisations or recruiters offering work.
In May 2023, the government funded the ACCC to set up a new National Anti-Scam Centre.
The centre will bring together experts from government and the private sector to tackle harmful scams.
Police have received reports of scams involving fake Australian Federal Police (AFP) representatives targeting vulnerable members of the community.
Last year scammers stole close to $34 million collectively from people who identified as culturally and linguistically diverse (CALD), people with disability, and Indigenous Australians.
Payment redirection scams were the most financially damaging scams for Australian businesses in 2020 according to the ACCC’s latest Targeting Scams report.
Australians have already lost over $288,000 to vehicle scams in the first quarter of this year, more than all losses reported to Scamwatch in 2019, and scammers have now begun impersonating defence personnel to con their victims.
Australians reported a record-breaking $37 million lost to Scamwatch last year for dating and romance scams. Total losses are expected to be much higher and scammers are now using dating apps to lure victims into investment scams.
Losses to online shopping scams have increased 42 per cent this year, and Scamwatch is warning Australians to be careful when buying gifts this holiday season.
Australians have lost over $8.8 million to threat based scams so far this year, and young people are reporting the highest losses.
Australians have lost over $300,000 to rental and accommodation scams this year, an increase of 76 per cent compared to the same time last year.