Financial Counselling Sector Applauds the Launch of New Funding Model

Financial Counselling Australia is delighted with today’s Government announcement about the establishment of an independent body to accept contributions from industry to fund financial counselling services.
The implementation of an industry funding model, with funding administered by an independent body, was recommended by the Sylvan Review of financial counselling in March 2019. This was an appropriate, and innovative, response to the problem of long waiting lists to see a financial counsellor, including some people being turned away.