ASIC gets glowing report card for MoneySmart

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.