Tasmanians lost $2.68 million less to scammers in 2025 than the year before, new figures show.
Scamwatch data reveals total losses in the state fell from $5.16 million in 2024 to $2.47 million in 2025 – a reduction of more than 52%.
The number of reported scams also dropped significantly, from 5,165 to 3,809, with older Tasmanians driving much of the improvement.
Losses among people aged 55 and over plummeted from $3.42 million to $1.21 million – a drop of more than $2.2 million.
Despite the overall improvement, those aged 65 and over still recorded the highest losses of any age group in 2025, at close to $1 million.
Investment scams saw the biggest turnaround, falling from $3.2 million in losses to just under $700,000.
Romance scams became the top category in 2025 at $707,000, narrowly ahead of investment scams at $698,000, while phishing accounted for $321,000 in losses.
Phishing also recorded the highest number of reports, at around 1,200.
Women accounted for 63% of total losses, up slightly from 61% in 2024.
Email remained the most common contact method, with 1,874 reports, followed by online platforms and phone calls.
February was the worst month for losses, approaching $600,000, while August recorded the lowest figures for the year.
Small Business, Trade and Consumer Affairs Minister Guy Barnett said the results reflected stronger community awareness and national disruption strategies.
“The Tasmanian community should be proud of these results, which reflect a better understanding of the methods used by scammers,” he said.