Fraud Statistics

We publish fraud statistics twice-yearly to help increase awareness about fraud trends, prevention and security.

Fraud Statistics Jul 23 - Jun 24

15 Nov, 2024

In the 12 months to 30 June 2024 (FY24), there was a total of $868 million in card-related fraud.
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Fraud Statistics Jan 23 - Dec 23

25 Sep, 2024

Our 2024 Australian Payment Fraud Report reveals that in calendar year 2023, there was a 32 per cent increase year-on-year in the total value of fraud to $762 million. This increase outpaced the growth in the total value of card transactions, which rose by 8 per cent to $1.1 trillion.
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Fraud Statistics Jul 22 - Jun 23

19 Dec, 2023

In the 12 months to 30 June 2023 (FY23), fraud on payment cards increased 35.6% to $677.5 million. The overall card fraud rate has returned to near pre-pandemic levels.
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Fraud Statistics Jan 22 - Dec 22

09 Aug, 2023

Figures in the 2023 Australian Payment Fraud Report show that in 2022, fraud on payment cards rose by 16.5% to $577 million, as total spending on cards rose 16% to $1 trillion. Card-not-present fraud accounted for 90% of all fraud on Australian cards over that period.
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Fraud Statistics Jul 21 - Jun 22

31 Oct, 2022

In the 12 months to 30 June 2022 (FY22), fraud on payment cards increased 1.9%, to a total of $499.5 million. This compares to a 9.2% increase between FY20 and FY21.
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Fraud Statistics Jan 21 - Dec 21

25 Aug, 2022

Industry efforts to combat payment card fraud are bearing fruit, with card fraud rates stabilising despite a surge in online card payments.
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Fraud Statistics Jul 20 - Jun 21

02 Dec, 2021

The fraud figures for the 12 months to 30 June 2021 (FY21) show fraud on payment card transactions increased by 9.2% to $490.1 million, as total spending on cards rose to $847.3 billion.
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Fraud Statistics Jan 20 - Dec 20

18 Aug, 2021

Our 2021 Payment Fraud Report reveals that in 2020, with the onset of COVID-19, overall spending on Australian payment cards was down by 2.2% to $801.7 billion, the first drop recorded. Card fraud increased by 0.6% to $468 million.
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Fraud Statistics Jul 19 - Jun 20

02 Dec, 2020

The fraud figures for the 12 months to 30 June 2020 (FY20) show fraud on payment card transactions dropped by 15.4% to $447.2 million continuing the trend recorded in the 2019 calendar year.
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Fraud Statistics Jan 19 - Dec 19

14 Aug, 2020

Our 2020 Payment Fraud Report shows a sharp decline in card fraud in 2019. Card fraud fell by 19.5% to $464 million - the biggest decline ever - as total card spending rose 3.9% to a record $819 billion.
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