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Women and girls falling behind on financial literacy skills
SBS News reports a lack of knowledge in financial literacy leads to poorer economic outcomes in life with this lack of knowledge affecting more females than males disproportionately. The findings are based on the OECD’s Programme for International Student Assessment (PISA) — which measures 15-year-olds’ ability to use their maths, science, and reading skills and...
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Brokers aim to increase financial literacy among clients
The Adviser reports that brokers are in a key position to educate their clients when making important financial decisions. They are taking a greater interest in upskilling their clients after research by NAB’s financial hardship survey revealed that many consumers self-report low financial literacy. Brokers have found that they can play an integral role in...
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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...
