Fraud & Scams
AUSTRAC uncovers hundreds of millions in suspected mortgage fraud across major banks
An intelligence probe into 10 major Australian lenders has revealed suspected fraudulent home loans concentrated across Sydney properties.
Commonwealth bank overhauls yello loyalty program to include home loans and savings
Commonwealth Bank will allow more than nine million customers to earn points on mortgages and savings accounts as regulatory changes squeeze traditional card rewards.
The Financial Register · 19 AugTelstra profit rises 2.7% to $2.4B, but company admits July outage was self-inflicted
Telstra unveils $1B buyback, 10.5% dividend hike as it owns up to cause of July network outage
The Financial Register · 13 AugJapan's wholesale inflation eases but import costs surge on weak yen
Producer prices rose 7.2% year-on-year in July, missing forecasts but keeping rate-hike pressure alive.
The Financial Register · 13 AugCBA lifts investment spend to $2.4bn as fraud losses mount
Commonwealth Bank will maintain annual technology investment at $2.4 billion in FY27 as loan impairment costs rise with cost-of-living pressures.
The Financial Register · 12 AugIndependent MP refers Labor's gambling reform to corruption watchdog over industry donations
Andrew Wilkie says $4 million in gambling-company donations and a Sportsbet-funded dinner for a former minister raise questions serious enough for the National Anti-Corruption Comm
13 AugParliament returns to three unfinished fights, and $37.8 billion rides on one of them
NDIS cuts, a gambling ad crackdown and a “death tax” fight all reach parliament in the same sitting fortnight.
11 AugSA launches royal commission into artificial intelligence
This piece is freely available to read.
10 AugTelstra Admits Its Outage Was Preventable
18 JulyListen
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Reading elsewhere
Other people’s reporting, chosen because it matters for your money. Every link leaves this site.
Scamwatch (National Anti-Scam Centre)ScamwatchAlerts28 July 2026
The national scam alert feed
Current warnings issued by the National Anti-Scam Centre, including the impersonation and job-offer campaigns running in Australia right now.
What this means for your moneyThis is the primary source. If a pitch you have received is already listed here, you have your answer without waiting for us.
AUSTRACAUSTRACMoney mulesRemittance28 July 2026
Financial crime guidance and the register of remitters
Australia’s financial intelligence agency: what money laundering looks like in practice, and the searchable register of who is actually licensed to move money overseas.
What this means for your moneyBefore you use an informal remitter someone recommended, check whether they are on the register. It takes two minutes.
Australian Federal PoliceAFPMoney mulesEnforcement28 July 2026
Money laundering enforcement and the AFP newsroom
Charges, operations and the AFP’s public position on people whose accounts were used to move criminal proceeds.
What this means for your moneyWorth reading if you have been told that receiving money for someone else carries no consequence for you.
Crime Stoppers AustraliaMoney mulesCrime Stoppers28 July 2026
The Don’t Be A Mule campaign
The national public campaign on money muling — how the recruitment works, and how to report it anonymously.
What this means for your moneyIf you would report this but not with your name attached, this is the channel built for that.
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