A new, free financial counselling program aimed at supporting Australian families of children who are disadvantaged, sick or living with disability has launched this week.
Supported by the AMP Foundation, children’s charity Variety announced the free, year-long pilot program on Monday which can be accessed online and by phone.
“We are excited to partner with the AMP Foundation, who also understand that well-timed, one-on-one support from a financial counsellor can make a world of difference for families experiencing financial hardship,” Variety Queensland CEO Steve Wakerley said.
“Financial counselling is an important service we provide to many of the families we work with who often face financial challenges for a number of reasons such as the costs of raising a child or multiple children with chronic illness or disability, single-parent households, inability to work due to being a carer, ineligibility for NDIS funding and loss of income or reliance on government assistance.”
Variety financial counsellors will assist with managing debt and household budgets and can advocate on behalf of families in regard to accessing utility grants.
“This new program presents an opportunity to create real impact for families facing the high costs of raising a child with a disability,” Financial Counsellors Association of Queensland executive officer Jon O’Mally said.
“Financial counselling plays a key role in empowering families to secure a sound financial foundation and can improve outcomes on a range of measures, including financial capability and, consequently, health and wellbeing.”
HUB24 has confirmed the acquisition of Class as the platform provider looks to establish itself as a market leader. ...
A couple is suing Dixon Advisory for poor retirement advice which left them $900,000 worse off. ...
A white paper issued by the Financial Services Council (FSC) which proposes a new advice framework has been widely praised. However, the director of a...