Australian Government and ANZ sign MoneyBusiness agreement
The rollout of the MoneyBusiness program was today formally acknowledged through the joint signing of the Indigenous Money Management Agreement by Minister for Indigenous Affairs, Mal Brough, and ANZ CEO, John McFarlane.
The Agreement documents the working relationship between the Australian Government and the ANZ bank in helping Indigenous communities develop skills in budgeting, bill paying and saving.
"The Australian Government has provided $4.4 million over four years to roll out the MoneyBusiness program across six sites in the Northern Territory and Western Australia," Mr Brough said.
"The six sites are at Galiwinku, Nguiu, Katherine and Tennant Creek in the Northern Territory, and Kununurra and Geraldton in Western Australia.
"The MoneyBusiness program funds local service providers to recruit and train Indigenous workers to provide intensive money management support to Indigenous families and individuals to build their money management capacity.
"The Australian Government’s commitment to improving the financial situations of people living in all areas of Australia has been strengthened by the ANZ’s contribution to this program.
"Making the right decisions about money can make a huge difference in many areas of our lives. A program like MoneyBusiness will assist people in making the best possible financial decisions, therefore, improving the outcomes for themselves, their families and their communities."