Sunday 15 November, Money & Work

Story one of ten today, about seven minutes for the lot

File image: Store window displaying yellow 'SAVE UP TO 50% BLACK FRIDAY' promotional sign with clothing merchandise visible.
✓ SBS NewsMoney & Work1 min read

ACCC sweeps for Black Friday deception as Australians gear up to spend $7B

The ACCC is sweeping retailers across websites, emails and social media to catch misleading Black Friday and Cyber Monday sales tactics.

Australians are set to spend close to $7 billion on Black Friday and Cyber Monday on November 27 and 30. The ACCC is sweeping multiple retail sectors to catch misconduct: fake "sitewide" or "storewide" discount claims, inaccurate countdown timers, misleading price comparisons, and high-pressure tactics.

The ACCC has run two earlier sweeps, and this one is the first to examine websites, emails and social media at the same time. The watchdog also warned of fake online shops and AI-powered scams impersonating legitimate businesses.

Fine-print disclaimers are not enough to protect false sitewide claims, the ACCC said.

$7 billion
Black Friday spending
November 27
Black Friday date
November 30
Cyber Monday date
58.7 percent
ScamWatch reports with losses

Why it mattersYou need to check if you're actually getting a deal and watch for fake shops. AI makes scams harder to spot and more convincing.

AustraliaAustralians should compare prices between retailers, check for exclusions, and focus on final price rather than discount claims when shopping Black Friday.

Open this story in InSnip

The other nine are in the app.

Today's ten in a swipe, offline, and it ends. Free.

  • Deep diveFollow a story beat by beat, and see how it actually unfolded.
  • Ask the storyAsk a question about any story and get an answer built from its own sources.
  • Your library, keptYour streak and everything you saved, kept together on your phone.
Get InSnip free →
Download on the App StoreGet it on Google Play

Or read the other nine in the browser →

That is one of today's ten.

The rest takes about seven minutes, and then you are done for the day.

Read the other nine →

Free, no account needed. Australian news, every claim sourced.

Tomorrow's edition, 7am

The day's stories in one free email. No noise, unsubscribe anytime.

One email a day. Pure signal, no noise.

More Money & Work on InSnip →

Today's Daily Brief: ten stories, about seven minutes →

The other nine are in the appFree, offline, ends at ten Get the app