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SBS On the Money: Bank impersonation scams are rising, and becoming more sophisticated

Author
SBS Audio
Published
Thu 30 Mar 2023
Episode Link
https://www.sbs.com.au/news/podcast-episode/sbs-on-the-money-bank-impersonation-scams-are-rising-and-becoming-more-sophisticated/l50owa1ez

Bank impersonation scams are on the rise, with the ACCC saying victims lost more than $20 million last year. Ben Terry speaks with ACCC Deputy Chair Catriona Lowe to find out how you can identify a bank impersonation scam and what you can do about it. Plus, SBS Finance Editor Ricardo Gonçalves speaks with Jody Fitzgerald from Morningstar on the day's market action, including her thoughts on the direction of local interest rates and dividends.

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