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Australians lose $5,200 a minute to scammers. There’s a simple thing the government could do to reduce this. Why won’t they?

  • Written by: Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Australians lose $5,200 a minute to scammers. There’s a simple thing the government could do to reduce this. Why won’t they?AnastasiaDudka/Shutterstock

What if the government was doing everything it could to stop thieves making off with our money, except the one thing that could really work?

That’s how it looks when it comes to scams, which are attempts to trick us out of our funds, usually by getting us to hand over our identities or bank details or transfer funds....

Read more: Australians lose $5,200 a minute to scammers. There’s a simple thing the government could do to redu...

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