What is the National Financial Literacy
The National Financial Literacy Strategy is led by the
Australian Securities and Investments Commission (ASIC). It
provides a practical framework for action to guide and encourage
all those with a role to play in improving financial literacy for
Improving financial literacy is a long-term behavioural change
initiative. It requires a multi-faceted approach and sustained
action over time to bring about gradual improvement. To find out
more, see Strategy 2014.
New Strategy is launched
We have launched the National Financial Literacy Strategy
2014-17 and Action plan. Read
ASIC's media release.
ABA Broadening Financial Understanding Conference
Find out what the Parliamentary Secretary to the Treasurer, Steven Ciobo, and ASIC
Chairman, Greg Medcraft, said at the
Australian Bankers' Association conference in Sydney in
Evaluation tools and guidelines
Building good practice in evaluation of financial literacy
initiatives is a priority of the 2014 Strategy. See our new evaluation page for
some useful information, tools and good practice guides.
Australian students score well in PISA financial literacy test
but more to be done
An international study of 29,000 students from 18 countries
found that our students scored significantly higher than the OECD
average but there is still work to be done. Read ASIC's
media release on the PISA financial literacy test.
Evaluation of Helping Our Kids Understand Finances
Read the independent evaluation by the Australian Council for
Educational Research (ACER) of ASIC's implementation of the Helping Our
Kids Understand Finances initiative (now known as MoneySmart