Card Fraud Rises Across Australia To $2.2bn

March 20, 2024 00:04:50
Card Fraud Rises Across Australia To $2.2bn
Digital Finance Analytics (DFA) Blog
Card Fraud Rises Across Australia To $2.2bn

Mar 20 2024 | 00:04:50

/

Show Notes

In the most recent incident of card fraud: the gross amount withdrawn or used for all incidents was $2.2 billion while the net loss after any reimbursements paid for all incidents was $476 million. The median amount withdrawn or used per incident was $200, A further 514,300 (2.5 per cent) experienced some kind of scam, and just under 200,000 (1.0 per cent) were victims of identity theft. The proliferation of the digital world has opened the door for more scans, so we need to be careful with the information we share, the links we click, and monitor statements to look […]

Other Episodes

Episode 0

August 12, 2020 01:34:58
Episode Cover

The Great Debate On China [Podcast]

An edited edition of a live debate on China and its relationship with Australia, featuring Salvadore Babones (University of Sydney) and Robbie Barwick (The...

Listen

Episode

February 25, 2026 00:30:01
Episode Cover

Its A Clown Show! Economic Update February 2026

This is my edit our our monthly economic and housing update recorded with Nuggets News. In this edition we examine the State of the...

Listen

Episode

May 07, 2025 00:10:01
Episode Cover

Can’t Spend; Won’t Spend Says Households As Recession Looms…

We have had a slew of data recently, which tells the true sorry story about Australian Households. While the election campaign was centred on...

Listen