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Real estate giant Cushman & Wakefield confirms cyber incident, Qilin and ShinyHunters claim attack CrowdStrike expands Project QuiltWorks as more partners join AI security coalition Attackers increasingly turning to trusted security tools to compromise Aussie victims Exclusive: Champion Homes confirms customer data compromised in “cyber event” Australia, Japan commit to partnership to meet cyber security challenges & strengthen cyber defences NSW Treasury cyber incident contained, impact no longer ‘significant’ Report: AI-based data incidents on the rise in Australia WA rental scam surge: Tenants targeted with fake $500 discount trap Aussie Information Commissioner launches Privacy Awareness Week 2026 Unregistered branded text messages to be labelled ‘Unverified’ from 1 July US Federal Reserve outlines AI's influence on the finance sector Exclusive: Major Australian jewellery brand confirms cyber incident Australian government establishes new Cyber Incident Review Board Watch this! Komari server monitor tool abused by hackers Act Now! ACSC warns of active exploitation of cPanel & WHM critical vulnerability Exclusive: Kiwi electrical contractor confirms cyber attack Over 1 in 2 firms have AI privacy concerns: Intuit Exclusive: Prime Properties listed as breach victim by M3rx ransomware Anthropic launches dedicated Claude Security platform to public beta DigiCert launches AI Trust architecture to secure agents, models, and content ‘Rebuilding the enterprise’: How CEOs are preparing for automation Op-Ed: Redefining performance in the AI-powered SOC Ukrainian official advocates for artificial intelligence, autonomous drones for battlefield deployment NZ council cyber attack leads to ID and financial data being exposed ‘Building confidence’: The key to effective AI implementation Vect unveiled: Inside an emerging ransomware group’s affiliate network Exclusive: Gelatissimo confirms unauthorised access, investigates DragonForce hack claims US Department of War launches cyber-focused apprenticeship program CrowdStrike launches Project QuiltWorks to tackle skyrocketing AI-discovered vulnerabilities Australian government stands up new ‘tripartite forum’ to tackle AI challenges in the workforce Aussie ice-cream franchise Gelatissimo suffers alleged hack by DragonForce Report: Aussie small businesses doing it tough as job scams double, losses rise Cyber attacks on medical devices pose ‘significant’ impact on real-life patient care Twisted Firestarter! Aussie, US, and UK cyber agencies warn of Cisco malware campaign Generation Life informs customers of “cyber incident” as owner shares incident with ASX CBA launches new scam-finding AI agent Australian Army research paper advocates for Australian national cyber reserve force, volunteer cyber organisations ANZ appoints its first chief AI officer Westpac appoints Chief AI Innovation Officer as part of technology push ADF strengthens skills as Cyber Command marks 2 years of operation Sri Lankan government hack sees $3.7m destined for Australia stolen Outsiders are already accessing Anthropic’s new AI model, but is Claude Mythos really that powerful? CrowdStrike extends cloud threat detection to Google Cloud Hey big spender! 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ACCC welcomes another year of funding for the National Anti-Scam Centre
David Hollingworth · 2026-05-14 · via Cyber Daily News

The Australian consumer watchdog is pleased with the overall funding boost of $67.7 million over four years in the 2026–27 budget.

ACCC welcomes another year of funding for the National Anti-Scam Centre

The Australian Competition and Consumer Commission (ACCC) has welcomed additional funding allocated to its operations in the federal budget handed down this week.

This year’s budget provided for an additional $67.7 million over four years to “strengthen” its capabilities.

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“Active, proportionate and evidence-based enforcement of Australia’s competition and consumer laws has been central to the ACCC’s work for many years and is vital for the strength and productivity of our economy as a whole,” ACCC chair Gina Cass-Gottlieb said in a statement.

“This additional funding will ensure we keep pace with technological advancements and remain effective in identifying, investigating and addressing unlawful conduct that harms consumers and seeks to disadvantage businesses that follow the rules.”

Consumer issues in the digital sector are a key priority for the coming year, alongside supermarkets and retail, essential services, and aviation.

The 2026–27 federal budget also included measures to continue the National Anti-Scam Centre for another 12 months, continue the ACCC’s Consumer Data Right capabilities for two more years, and the ACCC’s role as Digital ID regulator for another four years.

“This additional funding highlights that on top of our role as an independent law enforcement agency, we have many additional regulatory responsibilities to safeguard consumers, promote competition, and bring transparency to complex markets,” Cass-Gottlieb said.

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David Hollingworth

David Hollingworth has been writing about technology for over 20 years, and has worked for a range of print and online titles in his career. He is enjoying getting to grips with cyber security, especially when it lets him talk about Lego.