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Australia politics live: Labor spruiks plan for automatic $3,000 compensation payment to scam victims
Financial services minister says it would mean banks and telcos would focus dispute resolution processes on bigger scams. Follow updates live Get our breaking news email , free app or daily news podcast Government considers automatic reimbursement for scams under $3,000 Scams come in all shapes and sizes (and none of them are nice), and the government is considering creating rules that would force banks, telcos and digital platforms to automatically reimburse victims of smaller scams of up to $…
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