posted on 2024-10-30, 18:24authored byRoslyn Russell, Jozica Kutin, Mark Stewart, Vinita Godinho
This report provides evidence of the positive impacts of money management education through our MoneyMinded program and our new program for micro-entrepreneurs in the Pacific - MoneyMinded Business Basics for SMEs. MoneyMinded is well established and since 2003 has reached more than 355,000 people. Our new program, piloted in 2015, recognises the link between the success of micro and small businesses and the wellbeing and growth prospects of communities where we operate. Initial assessment of this new program's impacts is very positive and encouraging. People who participate in MoneyMinded are typically in vulnerable circumstances and may be a single parent, unemployed, disabled or a recently arrived migrant. Our community partner organisations across the Asia Pacific region who deliver the program are vital to reaching these groups and to the program's success. Outside Australia and New Zealand, our employees with appropriate training and accreditation also deliver MoneyMinded in their communities and contribute to the positive outcomes for participants. Thank you to our community partners and the more than 800 facilitators across the Asia Pacific region who were trained in 2015 to deliver MoneyMinded. Working with our partners, we will continue to invest in improving people's wellbeing by supporting them to build their money management skills. In 2016, we aim to reach a further 60,000 people across the Region with MoneyMinded and a further 600 people across the Pacific with MoneyMinded Business Basics for SMEs.