A comprehensive program to develop
consumer and financial capability in young Australians.
Why is ASIC involved in consumer and financial literacy
- ASIC is the Financial Regulator and the lead
Australian Government agency responsible for Financial Literacy
education and has developed the brand name 'MoneySmart'.
- Financial education is the key to creating confident and
informed investors and financial consumers.
- Having the knowledge, skills and confidence to manage your
money is a core life skill and will play a major role in people's
future well being and that of society more broadly.
The OECD recommends financial education start as early as
possible in children's lives and that it be incorporated into the
formal school curriculum.
Being MoneySmart is a core life skill. In a rapidly
changing world of personal finances, children and young people will
benefit from gaining and applying the knowledge, understanding,
skills and behaviours to establish sound consumer and financial
In response to these imperatives and recommendations, ASIC has
- MoneySmart website that contains information and resources for
both consumers and educators; and
- MoneySmart Teaching program that provides freely available
Australian Curriculum aligned classroom teaching resources and
professional development for teachers.
The teaching section of MoneySmart contains:
Last updated: 31 May 2019