Australians lost over $851 million to scams in 2020, a record amount, as scammers took advantage of the pandemic to con unsuspecting people, according to the ACCC’s latest Targeting Scams report released today.

Medical occupations head the list of top earners in Australia, while the richest suburb is Double Bay in Sydney, closely followed by Melbourne’s Toorak.

Global share markets were mixed over the last week with US shares up 0.6% helped by a solid but less than expected rise in employment, Eurozone shares up 0.6% as reopening continues, but Japanese and Chinese shares down -0.7%.

As we approach the start of a new financial year, it’s a good time to reflect on your record-keeping over the past year. For example:

Do you want to get more from your tax return this financial year, but you’re not sure where to start? It could be as simple as knowing which tax deductions and offsets you’re eligible for.

The federal government plans to issue even more debt in the years ahead to pay for its budget deficits, but it won’t be short of buyers.