SBS News – Australia
·australia
·2 hours ago
Australia proposes automatic $3,000 reimbursement for scam victims nationwide
Australia's government proposed automatic reimbursement up to $3,000 for scam victims on Thursday as part of its Scams Prevention Framework. Banks, telecommunications companies, and digital platforms would be required to reimburse affected customers. Assistant Treasurer Daniel Mulino said the threshold balances victim protection against incentivizing scammers, with higher-value fraud handled through separate dispute resolution.
Summary by Glance · SBS News – Australia
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