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11-49MR MoneySmart.gov.au - simple guidance you can trust

Tuesday 15 March 2011

ASIC today launched a new personal finance website called MoneySmart to help people make good financial decisions by providing free, independent and unbiased information, tools and motivation.

MoneySmart.gov.au is a key part of the National Financial Literacy Strategy, also launched by ASIC today.

MoneySmart.gov.au provides more than just information. The website includes 26 calculators and tools, some for use on mobile phones, to help people take simple steps to get quick answers to their questions about money. MoneySmart covers not only the basics such as budgeting, saving, credit cards and loans, but also more complicated issues such as superannuation contributions, margin loans and income tax.

By video at the launch Prime Minister Julia Gillard said,

Launching the site, Assistant Treasurer Bill Shorten said,

Parliamentary Secretary to the Treasurer David Bradbury, who has responsibility for financial literacy, said,

Chairman of the Australian Government Financial Literacy Board Paul Clitheroe said,

ASIC Chairman Tony D’Aloisio said,

The National Financial Literacy Strategy aims to create opportunities for Australians of all ages to learn about money and then apply these financial literacy skills to achieve better financial outcomes. It focuses on four interrelated areas of work, namely:
  1. Delivering quality financial literacy education to all Australians through schools, workplaces, higher education institutions and in the community;
  2. Providing all Australians with access to the information and tools they need to make good financial choices;
  3. Going beyond education to guidance and other strategies to enhance the financial well being of Australians, including developing a new consumer website; and
  4. Developing partnerships between the various sectors involved in financial literacy work, and better means of measuring the impact of what we do

For more information see: