Financial System Inquiry response

Good Shepherd Microfinance’s response to the Financial System Inquiry, focuses on the Interim Report’s observation and request for additional information regarding a role for Government and/or industry to facilitate further development of microfinance initiatives, in collaboration with the not-for-profit and community sector. We urge the Financial System Inquiry to include in its Final Report a recommendation that there is a role for government in addressing the post-GFC failure of the market to achieve financial inclusion.

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Our hearts and thoughts go out to everyone impacted directly or indirectly by the coronavirus pandemic.

Good Shepherd will continue to provide No Interest Loans (NILS) to people in our community who need this support. We are revising our financial hardship policy and will keep you updated. For assistance, please contact your nearest NILS provider or Good Money store.