Leading Financial Literacy in Australia

  • Clare Marlin Australian Securities and Investments Commission
  • Amanda Westcott Australian Securities and Investments Commission
Keywords: Financial literacy, financial knowledge, financial education, financial exclusion, financial inclusion, behavioural

Abstract

In Australia financial literacy work nationally is guided by the principles of the National

Financial Literacy Strategy, a collaborative multi-agency strategy coordinated by the

Australian Securities and Investments Commission (ASIC). This provides a framework for many

agencies and organisations to work in partnership to develop and deliver initiatives to improve

the financial literacy of all Australians. This article highlights the thinking behind the strategy,

presents examples of the strategy in action, and foreshadows next steps. Above all, it argues

that the challenges of improving financial literacy are best shared – i.e. that a collaborative

approach between sectors and countries remains the most effective way forward

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Author Biographies

Clare Marlin, Australian Securities and Investments Commission

Senior Researcher, Strategy and Policy at the Australian Securities and Investments Commission

Amanda Westcott, Australian Securities and Investments Commission

Senior Manager, Financial Literacy at the Australian Securities and Investments Commission

Published
2013-06-30
How to Cite
Marlin, C., & Westcott, A. (2013). Leading Financial Literacy in Australia. Applied Finance Letters, 2(1), 4-11. https://doi.org/10.24135/afl.v2i1.8
Section
Articles submitted to regular issue