Tag Archives: credit cards

Australians lost nearly $7 million on online shopping scams this year

By: Sharon Masige It’s getting closer to the silly season and as shoppers get stuck in to Christmas shopping, they’re being warned to keep an eye out for online scams. The Australian Competition and Consumer Commission (ACCC) revealed the amount of money lost through online shopping scams has spiked 42% this year. More than 12,000 online shopping scams were reported to ...

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Australians cancelled 800,000 credit cards during COVID-19

By: Aleks Vickovich While Australia’s national net debt has blown out by 40 per cent to $703 billion thanks largely to the pandemic, it seems regular folks around the country have taken a more prudent approach, reducing their collective credit card bill by more than $7 billion over the same period. According to the latest data from the Reserve Bank of Australia, ...

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