Greater Bank Finance Academy

Why partner with Newcastle University to promote financial literacy?

A report released by researchers at The University of Newcastle Business School as part of our Financial Literacy partnership has produced a detailed look at the current state of financial know-how among Australians, as well as the impact of financial education on general wellbeing and life satisfaction.

The report finds that financial literacy, supported by financial planning leads to greater financial wellbeing.

Greater Bank Finance Academy

The Greater Bank Finance Academy is a financial literacy outreach program delivered to high school students across the Hunter, Central Coast, the Central West and Northern regions of NSW.

With course content created in partnership with University of Newcastle (theory) and Greater Bank (practical) the course is delivered by University of Newcastle student ambassadors and Greater Bank staff. The Finance Academy will be integrated into various subjects across year 9 and 10 curriculum.

Overall the program will provide the latest information on how community attitudes and people's relationships to money are changing and share information on financial topics that people of all ages need to consider when managing their money, including simple strategies on saving, reducing debt and how to avoid being scammed.

This idea of collaboration and community support is the underlying premise of what makes the partnership with the University so important for our business.

We have joined forces with a like-minded educational institution to provide members of the community, especially our next generation, with access to information that will help provide clarity and understanding around the intricacies of finance.