ANZ has welcomed the federal government’s commitment of $500,000 to expand the reach of its MoneyBusiness coach training initiative, which aims to boost financial literacy among Indigenous Australians.
The funding will be used by delivery partner Indigenous Consumer Assistance Network (ICAN) to upskill community professionals nationwide over the next 12 months. These professionals will be trained to deliver MoneyBusiness content, enhancing financial education support for Indigenous clients.
“Financial wellbeing is a critical part of maintaining strong, thriving communities,” said Janet Liu, ANZ’s head of social impact and community. “We’re looking forward to working with ICAN and the federal government on this expansion to support more Indigenous Australians [to] build on their financial skills.”
Since its launch in 2005, MoneyBusiness, developed by ANZ in partnership with the Australian government, has helped more than 90,000 First Nations people across 215 communities to build essential money management skills.
The initiative was born out of research highlighting financial exclusion as a major challenge for Indigenous communities.
ICAN CEO Aaron Davis (pictured above) stressed the importance of building local workforce capacity through the organization’s training arm, ICAN Learn.
“ICAN is committed to supporting financial wellbeing organisations [to] build their workforce capacity,” Davis said. “As an organisation that provides financial counselling in regional Australia, we know how important it is to create local employment pathways and how much programs like MoneyBusiness can assist in that journey.”
For more information on the program and eligibility, contact ICAN Learn at [email protected] or via phone 03 5471 7777.
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