We need your help to address a $30.5m funding gap in financial mentoring
Financial mentors are doing essential work and far too many mentors face uncertainty as to whether their work will be funded in two years' time.
Financial mentors provide free, confidential support to people who are facing financial hardship.
We need to fill the $30.5m gap in steady funding for financial mentors through the introduction of levies on industries and increased government contributions.
FinCap has now published a paper explaining the need for funding, opportunities for industry contribution and our recommendations for implementation.
How can you support financial mentor’s funding needs now?
- Talk to your industry contacts about the need for sustainable funding for financial mentors and ask them to help where they can.
- If you're a business, and if you have leftover budget or capacity to free up some money in next financial year's budget, please consider making voluntary contributions to help financial mentors keep the doors open.
- If you're a client who has used a financial mentor to help you out of financial hardship, tell us how the financial mentor helped you and what it means for you.