Decision Regulatory Impact Statement
Based on 8,868 scam reports with age group information provided, consumers aged 18 to 64 accounted for 94 per cent of the financial loses and 67 per cent of the number of scams. Elderly Australians contributed only 6 per cent of the losses and 33 per cent of the scams. Scamwatch Scam Statistics, 2017. ................
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