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Greater focus on financial literacy for local students

High school students across Newcastle will benefit from a short-course focused on informed financial-decision making, thanks to the Fundamentals of Financial Literacy Program we are running in conjunction with the University of Newcastle.

The program is part of our five-year partnership with the University of Newcastle and includes the establishment of the Greater Bank Finance Lab located in the NeW Space building in the city campus, the creation of the Finance Academy high school program and the delivery of adult community education programs and practical workshops.

After a successful Finance Academy pilot program that reached 1000 students across 17 schools in 2019, we are encouraging more local high schools to register their interest in the program.

Integrated into various subjects across Year 9 and 10 curriculum, the financial literacy program covers topics such as managing money, reducing debt and implementing simple saving strategies as a way of teaching students how to make informed financial decisions.

The program consists of four core subjects and three elective lessons delivered at school during class time. A number of our employees use their real-life banking experience to deliver practical content to the students while the University of Newcastle Student Ambassadors discuss the theory and broader strategies behind money management.

We are currently calling for high schools to register their interest in participating in the 2020 Finance Academy Program, so if you know a school that would benefit from the program, get them to register now by emailing FinanceAcademy@newcastle.edu.au

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