Financial counselling boosted by millions
More Australians will have access to financial counselling under a new federal government and industry-funded model. 30 million dollars will be invested in face-to-face and telephone counselling over a three-year-period, with backing from big banks, the gambling industry and buy now, pay later companies. Amid rising cost of living pressures and financial hardship for many Australians, questions remain over whether these industries are preventing or contributing to further harm.
Source: sbs.com.au