01/10/2026
Consumer advocates have broadly welcomed the Australian Financial Complaints Authority's (AFCA) proposed rules and operational guidelines for the Scam Prevention Framework (SPF) but caution the need for greater ambition if victim’s needs are to be made paramount.
AFCA has been designated by the government as the external dispute resolution scheme to manage scam complaints, where they have not been resolved between a consumer and the relevant businesses. The role will commences in March 2027 when the SPF takes effect.
Ten consumer organisations have made a joint submission on AFCA’s proposed approach, identifying opportunities to strengthen the framework and improve outcomes for scam victims.
“The SPF is a ground-breaking opportunity to deliver fast, fair and straightforward redress for people who have lost life-changing sums to scams and suffered significant harm as a result,” said Pavithra Jayasekera, Policy Officer, Consumer Action Law Centre.
CHOICE Financial Counselling Australia
Consumer advocates have broadly welcomed the Australian Financial Complaints Authority’s (AFCA) proposed rules and operational guidelines for the Scam Prevention Framework (SPF) but caution the need for greater ambition if victim’s needs are to be made paramount. AFCA has been designated by the ...