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Australian Government
Joined November 2010
We’re warning consumers that scammers are targeting people experiencing financial hardship offering fake financial assistance. These scams impersonate Government agencies and programs as well as charities which provide support to people in need. bit.ly/3YzsNAc
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Moneysmart retweeted
ASIC is urging small businesses to be on high alert as false billing, investment and remote access scams cause significant financial losses asic.gov.au/about-asic/news-…

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We’re warning consumers to watch out for scammers impersonating their bank to manipulate them into sharing their personal or financial information, transfer money or provide a one-time security code. Share these tips with your network and report scams. bit.ly/4dTqGLU
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Moneysmart retweeted
Commissioner Simone Constant @NewsAUS last night with a message for #superannuation funds: 'Think of your members as customers.' ▶️ Watch the full clip 9now.com.au/9news-latest-new…
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Moneysmart retweeted
Participants in a roundtable on millennials and super convened by ASIC’s @MoneysmartTeam have called on funds to improve services, transparency and access to information asic.gov.au/about-asic/news-…

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Here’s Dr Kate Gould, a clinical neuropsychologist and scam researcher at @MonashUni talking about the benefits of sharing scam stories. #ShareAScamStory
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Australia’s equity markets continue to operate with a high level of integrity, supporting business and encouraging investor confidence, and are consistently among the cleanest in the world asic.gov.au/about-asic/news-…

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ASIC has secured over $28 million in remediation after our latest report revealed a number of Australia’s big banks were responsible for at least two million customers on low incomes – including #FirstNations Australians – being kept in high-fee accounts asic.gov.au/about-asic/news-…

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If you’ve been scammed, watch out for offers to help you recover your money for a fee. Don’t accept these offers, contact your financial institution to attempt to recover any money stolen through a scam. Learn more: bit.ly/4cKifCA
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Moneysmart retweeted
Following extensive ASIC-led consultation, the Australian Banking Association agreed to address critical gaps in its new Banking Code of Practice. The new Code strengthens standards and retains key protections for consumers and small businesses asic.gov.au/about-asic/news-…

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Set up multi-factor authentication, install software updates regularly and create strong, unique passphrases to stay one step ahead of criminals trying to steal your money and personal information. Help others by reporting scams to Scamwatch: bit.ly/3VNaDJK
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Tax cuts will boost your take-home pay from 1 July 2024. Find out what this means for you @ ato.gov.au/taxrates
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Scammers call and say that they’re investigating a scam phone number tied to your name. We’ll never ask for your money or personal information. We also won’t ask for passwords, login details or any info that could compromise your identity.
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Moneysmart retweeted
⚠️ ASIC is alerting consumers to an increase in the misuse of ASIC’s logo on social media to promote fake investments and stock market trading courses. ASIC does not endorse or promote any investment training or platforms asic.gov.au/about-asic/news-… #scam @Scamwatch_gov
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ASIC Commissioner Alan Kirkland joined @TheTodayShow show to speak about our latest Moneysmart research, which found many Australians would rather sell their assets or get a second job than ask their lender for #hardship support bit.ly/3yLwM21
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If someone is selling a financial service or financial product, or asking you to invest money, they must have an Australian financial services (AFS) licence. You can check that they are licensed on the ASIC website. asic.gov.au/online-services/…
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Nearly half of Australians who have debt say they’ve struggled to make repayments in the last 12 months, but 3 in 10 say they wouldn’t seek #hardship assistance from their lender. A new ASIC @MoneysmartTeam campaign is empowering consumers to ‘Just Ask’ asic.gov.au/about-asic/news-…

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Save the date: We invite representatives from #credit, #banking, #insurance and #superannuation to join our virtual workshop exploring experiences and best practices for servicing #FirstNations communities with a focus on culture, community and engagement bit.ly/44VdeV1
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Moneysmart retweeted
Released today, our review of 10 major home loan lenders found some ignored #hardship notices, effectively abandoning customers who needed their support asic.gov.au/about-asic/news-…

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