A survey commissioned by Commonwealth Bank has found that 28 per cent of Australians over age 65 have experienced financial abuse or know someone who has. The bank said the survey also revealed that there may be a reluctance to talk about finances that makes older Australians vulnerable. Thirty-eight per cent said they have “negative or mixed feelings” about discussing money with family or friends.  This reluctance may be a barrier for those experiencing abuse in seeking support. Common forms of elder financial abuse include misusing a power of attorney, threats and intimidation, scams and fraud, abusing informal family agreements, guarantors gone wrong and failure to provide promised care. CBA has worked with the Council of the Ageing, National Seniors, Seniors Rights Services and State Trustees Ltd to develop a Safe & Savvy Guide, which has been designed to help older Australians avoid abuse and fraud.