‘War on scams’ drives minister on financial advice reform
Minister for Financial Services Stephen Jones says the project to make financial advice more affordable and accessible is partly motivated by a desire to protect consumers against scams, to which Australians fell victim to the tune of $2.74 billion last year. The comments come as the Albanese government demands social media and telco giants – and not just the finance industry – be held accountable for cybercrime activity.
Industry