We take a deep dive this week into the latest myGov and PayID scams, so you know what to look out for and how to avoid getting scammed out of your money or personal details. Following the recent Federal and State budgets, scammers are straight onto it, sending text messages or phone calls about a one-time payment to help with the current cost of living crisis. This is simply not true! There is other financial assistance that may be available, but myGov will never send messages asking you to click on a link or provide information. The golden rule is log in to myGov directly to check out any messages, only at https://my.gov.au. Don’t click on links of any similar looking web addresses – the only address for myGov is my.gov.au.

PayID is a great way of transferring money easily to someone else’s bank account instantly, using our unique phone number or email address. Scammers are posing as buyers who then say that PayID requires us to upgrade to a business account (no such thing!), which needs us to make a payment to a bank account, with various reasons given. Again, this is simply not true! PayID is 100% free and simple – anyone saying an upgrade or payment is required is a scammer!

Nina Weir from Consumer Protection WA takes us through details of various ways the scammers operate, how to recognise them, avoid them and report them.