The Hon Tanya Plibersek MP
Minister for Social Services
Senator the Hon Malarndirri McCarthy
Minister for Indigenous Australians
Senator for the Northern Territory
Marion Scrymgour MP
Special Envoy for Remote Communities
Member for Lingiari
First Nations people across Australia will have greater access to services to strengthen financial skills and make informed money choices, with the Albanese Labor Government investing $3.1 million in four key financial wellbeing providers.
The Mob Strong Debt Help program will receive $750,000 to deliver their free national financial counselling helpline, providing financial counselling services to First Nations clients.
One of Australia's longest running financial education programs for First Nations people, MoneyBusiness, will receive a $100,000 boost, supporting up to an additional 50 financial counsellors and capability workers to complete their training nationally.
The South Australian Financial Counsellors Association (SAFCA) will receive $250,000 to continue oversight of financial counselling organisations in the Northern Territory, providing training, accreditation and resources to support the financial counselling sector.
A further $2 million will be invested to expand the No Interest Loans Scheme across remote areas of the Northern Territory. This funding will facilitate around 2,000 additional loans, building on 25,000 loans already delivered to individuals on low incomes nationally.
This funding is in addition to the almost $50 million in Financial Wellbeing and Capability funding rolling out across the Northern Territory, as part of the Albanese Labor Government's $460 million investment to help Australians navigate tough times.
