2019, English, Book, Government publication edition: The countervailing power [electronic resource] : review of the coordination and funding for financial counselling services across Australia. Australia. Review of the Coordination and Funding for Financial Counselling Services Across Australia

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Bookmark: https://trove.nla.gov.au/version/264934538
Physical Description
  • 1 electronic text (vii, 42 p.) : PDF file.
Published
  • [Canberra, A.C.T.] : [Dept. of Social Services], 2019.
Language
  • English

Edition details

Title
  • The countervailing power : review of the coordination and funding for financial counselling services across Australia.
Author
  • Australia. Review of the Coordination and Funding for Financial Counselling Services Across Australia
Other Authors
  • Sylvan, Louise.
  • Australia. Department of Social Services
Published
  • [Canberra, A.C.T.] : [Dept. of Social Services], 2019.
Medium
  • [electronic resource]
Physical Description
  • 1 electronic text (vii, 42 p.) : PDF file.
Subjects
Summary
  • Financial counselling services play an important role in supporting the financial and economic wellbeing of everyday Australians, and are of particular significance for disadvantaged groups. However, this sector faces multiple challenges: increased demand; inconsistent, short-term and uncertain funding; and fragmented service delivery. This report presents the findings and recommendations of a review into the coordination and funding of financial counselling services. The review investigated: whether existing financial counselling services adequately support clients' needs; the most efficient and appropriate way to deliver these services; how to improve the coordination and consistency of service delivery across all jurisdictions; options for improving the predictability and sustainability of funding; and how the use of data can inform policy, service delivery and demand trends. Issues relating to small business, natural disasters, family violence, and problem gambling are noted. It is clear that overall funding levels are insufficient to meet the current and growing demand for financial counselling, and one of the recommendations of the review is to look into how financial services and utility providers can contribute to funding. This review is part of the Australian Government's response to the 2019 Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, and responds to comments by Commissioner Hayne on the importance of financial counselling services.
Notes
  • "March 2019"
  • "The Department of Social Services will lead this Review, in consultation with The Treasury and the Department of the Prime Minister and Cabinet ... The Review will be led by Ms Louise Sylvan ..."--P. ii.
  • Includes bibliographical references.
Technical Details
  • Mode of access: via the internet.
Language
  • English
Libraries Australia ID
Contributed by
Libraries Australia

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