Following discussions with ASIC and a strategic review of the activities of Financial Literacy Australia (FLA), we have agreed that now is a sensible time to discontinue MoneySmart Week (MSW) in its current form. Instead ASIC will take advantage of opportunities to promote its financial literacy campaigns and engage stakeholders throughout the year, and provide a focal point for financial literacy in 2015.
This is welcome news. MoneySmart Week was launched to promote awareness of ASIC’s MoneySmart brand and to engage stakeholders in financial literacy. This objective has been achieved, and ASIC is committed to year-round financial literacy promotions and campaigns and engaging stakeholders across all sectors under the new National Financial Literacy Strategy.
Financial Literacy Australia will continue to work with ASIC to build on the foundations of MoneySmart Week in bringing all those who work across the financial literacy community together through working groups, events, the partnership network and the annual Awards.
The annual MoneySmart Week Awards were a highlight of the Week and brought people and organisations together from across sectors to share and celebrate Australia’s best financial literacy resources, programs and research. It is our intention to continue running these Awards, under a new name.
FLA believes that continuing the Awards program complements our work in delivering Financial Literacy Grants to the not-for-profit sector and as an organisation we will now sharpen our focus on efforts to build the capacity of people and organisations to advance financial literacy in Australia.
FLA remains deeply committed to advancing the financial literacy of all Australians and we hope you will stay in touch with us as we commence the next leg of this journey.