National Financial Literacy Strategy Consultation 2017

Closed 1 Dec 2017

Opened 15 Oct 2017

Published Responses

View submitted responses where consent has been given to publish the response.

Overview

The National Financial Literacy Strategy (National Strategy) provides a framework to guide financial literacy initiatives. The National Financial Literacy Strategy 2014–17, led by ASIC, was released in 2014.

In 2017 ASIC led a consultation process, to refine and update the National Strategy for 2018. The consultation sought views from all interested stakeholders to ensure the 2018 National Strategy effectively promotes relevant policy and program initiatives, and supports positive outcomes for individuals and communities.

Proposals and issues for discussion

We invited feedback on our proposals to:

  • update the language of the National Strategy from ‘financial literacy’ to ‘financial capability’;
  • set the timeframe that the next National Strategy will cover; and
  • strengthen the National Strategy’s focus on behavioural change by emphasising the core behaviours that support financial capability.

We also welcomed input on the following key issues for discussion:

  • priority audiences for the National Strategy;
  • broadening stakeholder reach and engagement with the National Strategy;
  • emerging opportunities and challenges to be considered;
  • improving research, measurement and evaluation; and
  • encouraging more organisations to get involved with the National Strategy.

Read the consultation paper

National Financial Literacy Strategy Consultation 2017 (CP 295)

How you can contribute

To facilitate an open consultation process, we treated all submissions received as public and published them on this website (unless requested to publish as anonymous responses, or treat as confidential).

For details on our privacy policy and how we handle personal information, see privacy.

What Happens Next

Feedback received through the consultation is informing the development of the 2018 National Strategy.

Audiences

  • Consumers
  • Business and industry sector
  • Community and not-for-profit sector
  • Education sector
  • Government sector

Interests

  • Financial capability