The evaluation of the program led by EY Sweeney shows that 82 per cent of students are showing interest in learning about money, while 96 per cent of students are saying that it is important to learn about money.
ASIC acting chair Peter Kell commented, “Many teachers reported a positive impact on their own financial decisions in relation to credit cards, budgeting and borrowing in response to engaging with the teacher professional development program.
“We will continue to look for more opportunities to influence and strengthen the financial capabilities of teachers and students to make a real difference in the financial wellbeing of communities.”
The program has been providing professional development for teachers and resources aligned with the Australian curriculum to help teachers deliver financial literacy education in the classroom since 2012.
Bit worried about the 4% of students who don’t think it is important to learn about money. Is ASIC really saying this is a marker of the program’s success? That said, it does seem that teaching students about money management is helping… their teachers. Well played kids. Next year we will teach you about coping with a mid-life crisis and staying fit and fabulous after fifty.
Who the hell are EW Sweeney. Are they the same behavioural experts who told ASIC their sample SOA in May was totally marvellous. Try a real world evaluation ! Wasting taxpayers money and adviser levies
I would be interested to know the actual penetration of this program into the school system.
Not much looking at the number of school signed up to be a Money Smart School https://www.moneysmart.gov.au/teaching/moneysmart-schools