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Government urged to put financial literacy on the curriculum for all high school students

The Women’s Economic Equality Taskforce has released its 10-year-plan with seven recommendations to address inequality in the Australian economy. As the Training Council with coverage of the Finance sector, FAPSTC is most excited about Recommendation six, which supports the introduction of financial literacy training in schools for all students to assist them in navigating milestones in...

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New appointment at the Department of Justice

The Minister for Corrective Services, Hon. Paul Papalia, announced the appointment of Brad Royce APM as the new Corrective Services Commissioner at the Western Australian Department of Justice. A major overhaul of the Department of Justice management structure is also underway, which will include the splitting of the Deputy Commissioner position for Women and Young...

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More employers look to professional year Financial Advisers to scale business

A publication in the Independent Financial Adviser (ifa) reports a growing trend where organisations employ Financial Advisers who are still undertaking their professional year as a key strategy to drive growth and cater to an ever-growing volume of clients. This bodes well for aspiring financial planners as they are increasingly being seen as viable recruits,...

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FAPSTC is delighted to welcome Harpreet Kaur

We are pleased to introduce you to our new Industry Engagement Manager, Harpreet Kaur. Harpreet is passionate about continuous learning and has experience in the university sector advising students on admission, enrolment, and progression in their respective courses. She has more than 15 years’ experience in marketing, sponsorship management, business development and stakeholder management. Harpreet...

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Both Insurance and Mortgage Brokers impacted by construction industry instability

The Adviser reports that the recent increase in company liquidations and instability in Australia’s construction industry has had a compounding effect on both Mortgage Brokers and Insurance Brokers. These professionals are now playing a greater role in educating and advising their clients who are impacted by the collapse of a building company. Read more here.

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The 4-day workweek in real estate

In WA’s real estate sector, the global trend of the 4-day work week has been implemented by the Albany-based office of First National Bairstow Kerr. This real estate business offers its office-based administrative and property management staff to work reduced hours over the course of the week, claiming that it has not compromised productivity. This...

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Insurance policies at risk due to cost-of-living pressures

Insurance companies are at risk of losing customers due to cost-of-living pressures. The publication Insurance News reports that insurance clients are shopping around more, and in the year to June 2023, 66.1% of policies were renewed without approaching another company, down from 66.5% in the previous year and compared to 67.2% in the year to June...

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Strengthening integrity of the VET Sector’s Providers

The Albanese Government has established a new Integrity Unit within the national VET regulator, the Australian Skills Quality Authority (AQSA) to better manage and combat rorting in the VET sector. The new unit will boost ASQA’s capacity on compliance, dedicating resources to eliminate unlawful behaviour by targeting non-genuine providers who may be exploiting international students....

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New Wages Policy for Prison Officers

Over 94% of the WA Prison Officers Union members have agreed to the State Governments wages increase of $60 per week or 3% per annum plus an additional $3,000 cost of living payment. This will be back paid to 11 June 2022. This new policy will also include greater overtime schedules and specified meal breaks,...

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Working Future – Australian Government Employment Services White Paper

With the current unemployment rate at its lowest and employment rate at a higher level than recent years, the Working Future White Paper was created to act as a roadmap so every Australian can benefit from the upcoming changes to our economy and society. Working Future aims to concentrate on the following objectives: Deliver sustained...