Investopoly
Investopoly is a twice-weekly podcast designed to help you make better financial decisions and build wealth with clarity and confidence. Hosted by Stuart (tax adviser, financial adviser, and mortgage broker) and Campbell (senior financial adviser), each episode delivers concise, practical insights grounded in real-world strategy, research, methodologies, and case studies.
You will get two episodes each week: a main episode that deep-dives into a single wealth-building topic, and a Q&A episode that answers listener questions and real scenarios. Send your questions to questions@investopoly.com.au
We also writes a weekly blog, and many podcast topics build on those ideas and frameworks. Stuart's forthcoming book, Wealth by Design, will be available in July 2026.
Investopoly
Three steps to avoid becoming a banking scam victim
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Read the full blog here.
In this podcast, discover the alarming impact of scams on Australians, costing the government an estimated $3.1 billion annually. With the increasing digitalisation of our lives, particularly in banking and financial services, individuals are more vulnerable than ever to scams, making it imperative to take proactive steps to protect one's money.
The National Anti-Scam Centre reveals that scams primarily occur through phone calls, emails, and text messages, with phishing attacks comprising 44% of the most common scams. Other prevalent scams include false billing, online shopping fraud, hacking, and identity theft. While Australian banks often provide zero-liability policies for unauthorised transactions, a comprehensive Scams Code Framework is in development to enhance protection and compensation measures for victims.
Listeners are advised to adopt practical measures such as using password managers to enhance online security and being vigilant with emails, texts, and phone calls. Daily banking logins can help detect fraudulent transactions promptly while avoiding sharing sensitive information via insecure channels is emphasised. Regular software updates and the use of digital debit and credit cards are also recommended to minimise fraud risk.
The podcast sheds light on the consequences of banks' efforts to combat scams, which may result in inconveniences for customers due to account locks and increased scrutiny during certain transactions. For businesses, regular cybersecurity training for staff and secure management of excess cash are crucial elements in mitigating scam risks.
As scams become more sophisticated, staying vigilant is emphasised as a collective responsibility. By following the practical steps outlined in the podcast, listeners can significantly enhance the protection of their assets in an evolving digital landscape where scams pose an escalating threat.
My new book out in 2026: To join the pre-order waitlist and get a bonus. More info go to: http://www.investopoly.com.au/book
Do you have a question for the podcast? Email us at questions@investopoly.com.au.
If you're interested in working with my team and me, discover how we can work together here: https://prosolution.com.au/prospective-client/
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IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.
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