Australia must urgently commit to a National Financial Capability and Wellbeing Strategy in 2026, as financial literacy rates fall and young Australians risk entering adulthood without essential money skills, according to a new call to action led by Ecstra Foundation. A growing coalition across education, consumer protection, community services and research is urging the Federal Government… Read more »
Financial wellbeing is essential for individuals, communities, and the broader economy. It directly influences everyday life including the overall mental, physical, and social health of Australians. Across education, industry, consumer organisations, researchers and frontline services, including contributions shared through the National Financial Wellbeing Summit hosted by Ecstra Foundation, the message is clear: Australia needs to… Read more »
Ecstra Foundation welcomes the opportunity to make a submission regarding the 2026-2027 Federal Budget. Ecstra urges the Federal Government to recommit to a nationally coordinated financial capability strategy to help address the pressing financial challenges facing many Australians. These include rising cost of living, deepening wealth inequality, digital exclusion, the surge in financial scams, and… Read more »
Ecstra’s 2025 Financial Education in schools survey results confirm overwhelming consensus from teachers, parents and students that financial education is essential and should be taught in schools. The survey of 2,123 Australian teachers, parents, and students provides valuable insights into their experiences, behaviours and attitudes to teaching financial education in Australian schools, and the importance… Read more »
Ecstra Foundation has appointed Mike Christensen to its board, effective 1 May 2025. Mr. Christensen is a highly experienced non-executive director and senior executive with over 30 years’ experience across regulated businesses, including financial services, funds and investment management, property and housing, health, community and education sectors. He is a seasoned finance and risk professional… Read more »
Investing in the financial wellbeing of all Australians is essential for individuals, communities, and the broader economy. It directly influences everyday life including the overall mental, physical, and social health of Australians. Multiple factors are straining Australians’ financial health, including the cost of living crisis, inflation concerns, the increasing complexity of financial products and debt… Read more »