Consumer and Financial Literacy Taskforce, Australian Government, The Treasury.



The Taskforce held its first public meeting in Albury/Wodonga on Wednesday 23 June.

Taskforce Chairman, Paul Clitheroe was delighted with the attendance and enthusiasm of the audience. There was strong agreement about the importance of getting consumer and financial education into schools, and in a way that is interesting to students.

Credit and superannuation were also seen as important areas for public education.

Making a difference with 18-24 year olds

Picture: Duane Hicks, local TAFE teacher talking to Paul about teaching young people about money.

Duane Hicks is a teacher at the Albury/Wodonga TAFE with a real passion for teaching his students how to better manage money. Duane has found that his students (young people aged 18 – 24 years) need to learn about money in practical ways – for example by role playing various money issues, or simulating investments on the sharemarket. Some of Duane’s students who have responded so well that they are now investing their own money on the sharemarket and setting personal goals to build their wealth.


Follow the links on the thumbnails to full size images.

Picture: Michael Mack from WAW Credit Union and Paul Clitheroe
Michael Mack from WAW Credit Union and Paul Clitheroe flicking through “Bucks Big Adventure”, a book which the credit union has developed for the region’s primary schools.
Picture: Ray Hortle talking to  Paul Clitheroe
Ray Hortle, a representative from the Albury/Wodonga Area Consultative Committee, talking to Paul about the issue of mobile phone debt.

Contact the Taskforce

The Australian Government has established the Financial Literacy Foundation which is building on the work of the Taskforce. Please visit the Foundation at