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Cheques to be phased out in Australia by 2030 in payment system overhaul

Most Australians only see cheques in a birthday card from their grandmother. By 2030, the government plans to end the cheque system altogether.

Scam victims ask why they re paying the price if bank processes can be replicated so easily

Trina thought she was talking to her bank's fraud unit. Within minutes she had lost $114,000 to a scammer. As a new report from ASIC reveals the extent of such scams, victims are calling for banks to be more accountable.

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