Since 2016, members of Australia’s Financial Inclusion Action Plan (FIAP) Program in Australia have been working together to address issues of financial inclusion and wellbeing in their respective spheres of influence. One of the key benefits of the program is the opportunity for members to join together in quarterly “Communities of Practice” meetings. These mini-conferences, hosted by our member organisations, bring together organisations from across the country, and from across multiple sectors to discuss key topics in financial inclusion and share lessons.
Dr Vinita Godinho is our General Manager of Advisory, leading the program design, advisory and FIAP teams. She is currently based at the Center for Financial Inclusion in Washington DC on a Fulbright Scholarship. While at the Center she will work with their researchers and partners to explore behaviourally-informed financial solutions for those on low incomes, in particular how to motivate families to save more and borrow less.
A local community organisation today celebrated a major milestone, with the Port Douglas Neighbourhood Centre issuing more than $1 million in life-changing No Interest Loans (NILS) to the local community since 2009.
Grants of up to $10,000 have been awarded to 27 community organisations from across the Northern Territory, Queensland, News South Wales, Victoria and Western Australia to help improve the financial resilience and capability of Aboriginal and Torres Strait Islander people.