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“With most scams starting with a SMS or phone call, this approach highlights why we need telcos to take down these scam numbers so they can’t be used to trick more consumers.”

“The ABA acknowledges RBA Governor Philip Lowe’s leadership… Ms Bullock takes on this important role as the RBA continues to address the nation’s inflation challenge and enters a period of change in implementing the recommendations from the Governments Review of the Reserve Bank of Australia.”

“As scammers get increasingly sophisticated and scams more complex, this cross-sector approach highlights that an ecosystem approach to disrupting scams is essential, and all sectors have a key role to play in the continued fight against scams – this includes government, banks, telcos, social media, crypto platforms and individuals.”  

“[The Branch Closure Support] Protocol will go a long way to giving people a better understanding of when a branch will close… literally doing things like walking an older customer down the road to the post office, introducing them to the post office staff and letting them understand what they can do in the post office to continue face-to-face banking.”  

“The National Cyber Security Coordinator, together with the National Office of Cyber Security, will drive forward the necessary work to ensure Australia is best positioned to respond to the opportunities and threats of the digital age.”   the Prime Minister, the Hon Anthony Albanese MP Feature: Parliamentary Update: Policy Update: Regulatory Update: Submissions Lodged: Upcoming Submissions:… Read more »

“Just before the start of the pandemic almost 13 million people were employed in Australia. In May 2023, this had risen to just over 14 million people.”

“A productive world-class economy needs a modern and efficient payments system – today’s announcement is a long overdue overhaul of the payment arteries that drive the Australian economy.”

“The economy likely reached a cyclical peak in the September quarter last year, and is now transitioning to a more balanced position between supply and demand.”

“We know some did better out of the pandemic than others – and it is only fair that those that did well contribute to the repayment effort.”

“Given every minute can be crucial in disrupting scams, the launch of the Fraud Reporting Exchange is a major development.”

“We know the best long‑term guarantee of rising living standards, stronger wages and a better quality of life is a growing and productive economy. That’s why our Budget is underpinned by a plan to modernise our economy and maximise our strengths…” 

“The Government does recognise that Australians are under substantial cost of living pressure right now, and that’s why that’s the number one priority in the Budget”