Financial capability

News

Financial counsellors have launched their federal election campaign – When every dollar counts, so does financial counselling – we can’t afford to wait. Financial Counselling Australia (FCA), along with all the state financial counselling associations, is calling for a commitment from all sides of politics to provide increased and more sustainable funding, particularly for face-to-face financial…

Read More Every dollar counts – financial counsellors launch election campaign

Post thumbnail

Financial Counselling Australia (FCA) has welcomed the Federal Government announcement of the next round of grants for Financial Wellbeing and Capability programs.  ? Applications are now open for the following grant programs:  Closed grant processes will follow for the National Debt Helpline, No Interest Loans Scheme (NILS), NILS for Vehicles, Saver Plus and Financial Counselling and…

Read More Grants Open for Financial Wellbeing and Capability

Isolated shining metal shopping trolley without anything located separately on yellow background Isolated shining metal shopping trolley without anything located separately on yellow background

Mandatory code of practice, subsidies for food transportation and increased income support needed A coalition of consumer and indigenous groups is calling on the National Indigenous Australians Agency (NIAA) to better protect vulnerable residents in remote areas. The organisations have welcomed the proposed National Strategy for Food Security in Remote First Nations Communities, but they…

Read More Consumer Groups Call on NIAA to Strengthen Remote Food Security Strategy

scroll, side, turn the page-1019916.jpg scroll, side, turn the page-1019916.jpg

The Honourable Amanda Rishworth beamed into the recent annual Financial Counselling Australia conference in Perth a day after the budget announcement with some welcome news for the financial counselling sector. The Government will invest around $23 million over four years and ongoing, to provide more pre-crisis and early intervention supports, taking the total recent additional…

Read More Increased Funding for Financial Crisis and Early Intervention Support

meet, relationship, business-1020144.jpg meet, relationship, business-1020144.jpg

This week Consumers International launched a global campaign for transparent digital finance. Poor transparency has long been a problem in financial services, but now more than ever there are billions of consumers (1) using banks and other financial services and (2) using or connecting to these financial services digitally. Over mounting concern on both digital…

Read More Global Campaign for Transparent Digital Finance Launches

From Surviving to Thriving: Embedding a well-being framework into financial counselling practice Skills and Knowledge Connections - Survivng - Stabilising - Building - Thriving Identity Health Basic Needs Money

In 2020, the Indigenous Consumer Assistance Network (ICAN) set out to widen the scope of its financial counselling services by looking at how it could deliver a holistic financial counselling framework that could better meet the financial and well-being needs of its service users. Over the past three years, ICAN has been developing a practice framework for its financial counselling services that embeds elements of the Sustainable Livelihoods Framework. Today ICAN has released the report: From surviving to thriving: Embedding a well-being framework into financial counselling practice that shares the learnings from this significant organisational undertaking.

Read More ‘From Surviving to Thriving’ ICAN’s Report on Holistic Financial Counselling

auto financing, financing, interest charges-2157347.jpg auto financing, financing, interest charges-2157347.jpg

The Australian Financial Complaints Authority (AFCA) has published its Responsible Lending Approach, documenting for financial firms and consumers the way it considers complaints in this area.

The Approach was developed in response to calls from stakeholders to provide greater clarity around AFCA’s existing approach and to ensure consistency in AFCA complaint outcomes in these complex areas.

Read More AFCA’s Approach to Responsible Lending

scale, money, value-3671883.jpg scale, money, value-3671883.jpg

Original media release from ECA (23/11/2023). Energy Consumers Australia (ECA) CEO Brendan French, quoted in response to the Capacity Investment Scheme: quote Energy Consumers Australia CEO Brendan French: “Energy Consumers Australia welcomes this morning’s announcement which is both an important step in providing reliable supply to consumers and also a continued firm commitment by Federal…

Read More Energy Consumers Australia Welcomes Announcement of Capacity Investment Scheme, Calls for More Work for Consumers