EV sales surge | Gold exports climb | Scam activity

A record number of new cars were sold in June despite cost of living pressures with nearly a quarter of them being battery electric vehicles; gold prices recover as US jobs data eases the prospect of higher interest rates as the commodity becomes Australia's second highest export earner; new research shows investment scams remain one of the most financially damaging for Australians last year while losses from phishing scams and payment redirections are on the rise. SBS News is Australia's trusted news source for the latest news from Australia and across the world. Subscribe to the SBS News YouTube channel: https://www.youtube.com/@SBSNews Follow SBS News on Instagram: https://www.instagram.com/sbsnews_au Follow SBS News on TikTok: https://www.tiktok.com/@sbsnews_au Follow SBS News on X: https://www.twitter.com/SBSNews Follow SBS News on Facebook: https://www.facebook.com/sbsnews Apple News: https://trib.al/MTx0gUe For the latest news, visit www.sbs.com.au/news Network Terms & Conditions: https://sbs.com.au/terms Privacy Policy: https://sbs.com.au/privacy Feedback or complaints: https://sbs.com.au/complaints