13 October 2020

Media Release 7/10/2020
Financial Counselling Australia has welcomed two key announcements made last night as part of the Federal Budget. The first measure will secure the ongoing pay of financial counsellors employed by a number of charities and community organisations. The Government will provide $132.6 million over three years to social services, including financial counsellors, impacted by the end of the Social and Community Services Special Account (SACS). This account was set up to...
23 September 2020
Fiona Guthrie:   Now is the time for banks to focus on their customers financial wellbeing.

Read Fiona's opinion piece here:
 

 

2 September 2020
Beyond Blue and Financial Counselling Australia (FCA) are encouraging people to access free support services to cope with the economic impacts of the coronavirus pandemic. The organisations have launched the Money on Your Mind campaign to support people experiencing financial stress and mental health issues. Australian Bureau of Statistics data shows 41 per cent of Australian businesses reported a decrease in revenue in August, while people who contact the National Debt Helpli...
10 August 2020
  Joint Submission from the Financial Counselling Sector re ASIC Consultation Paper 330 Using the product intervention power: Continuing credit contracts   The financial counselling sector supports ASIC using its product intervention power to impose a total cost cap in relation to the Cigno continuing credit model. This will ensure fees and charges by credit providers and their associated entities cannot exceed the maximum under the continuing credit exemption as set out ...
29 June 2020
Media Release For immediate release Financial counsellors urge the Federal Government to permanently increase JobSeeker Financial Counselling Australia (FCA) welcomes reported moves to permanently increase the JobSeeker Payment, once the current scheme ends in September. There are news reports today that the Federal Government is considering an increase to the payment of $75 a week, representing an additional $10 a day. "Financial counsellors urge the Federal Government to i...

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