CREDIT CARD FRAUD
An estimated 662,300 Australians aged 15 years and over were victims of credit card fraud in the 12 months prior to interview, or 3.7% of the population. Just over half of all victims of credit card fraud (54.5%) were informed of the fraudulent use of their credit card by an agency, whilst approximately half (49.9%) reported the incident to an agency. Almost three-quarters of victims (72.4%) sought reimbursement from their card issuers, while almost two-thirds of victims received reimbursement (64.0%).
People that were more likely to experience credit card fraud included those aged between 25 and 55 years, married, well-educated, urban-residing, employed in professional occupations and earning a high-income. The likelihood of victims being informed of credit card misuse by an authority and the likelihood of seeking and receiving reimbursement also varied across some of the socio-demographic groups.
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