Consumer wellbeing grants

Below is a selection of the projects and programs addressing consumer financial wellbeing.

Some of these grants were made by Financial Literacy Australia (FLA). The business and activities of FLA were transferred to Ecstra in December 2018.


Aged and Disability Advocacy Australia (ADAA)

Financial Literacy in Substitute Decision Making

ADAA will produce two educational cartoon videos targeting a national audience. Video 1 will focus on increasing the financial literacy of adults (18 – 65 years) with a mild to moderate level cognitive disability and/or impaired decision-making capacity. Video 2 will educate those who have been appointed as a formal decision maker for financial matters.

Learn more about this project and watch the videos here.

Project stage: Pilot
Grant duration: 1 year
Grant commenced: 2019


Consumer Action Law Centre & Financial Rights Legal Centre

Wheel of Misfortune: Payday Loans

The project partners will deliver a public education campaign on borrowing options (using the Watch Your Nuts video). The campaign aims to shift attitudes around Australians’ borrowing habits. FLA previously provided funding towards the research and pilot phases of this project.

Project stage: Scaling up existing program
Grant duration: 1 year
Grant commenced: 2019


Griffith University

Informed choice in decisions to engage in multi-level marketing businesses

Led by Dr Laura de Zwaan (Griffith University) and Dr Deanna Grant-Smith (QUT), the team will undertake research to understand the financial and work-life balance expectations of MLM consultants in Australia and to develop financial literacy resources to assist potential consultants to make an informed decision about entering into an MLM scheme.

Project stage: Pilot
Grant duration: 2 years
Grant commenced: 2019


Macquarie University

AntiPort

The project team led by Professor Stefan Trueck will develop an AntiPort website, a mobile phone application and an educational video to raise awareness and better protect consumers from the risks of fraudulent mobile number porting.

Project stage: Pilot
Grant duration: 2 years
Grant commenced: 2019


Queensland University of Technology

Strengthening Self-Managed Superannuation Funds (SMSFs) against fraud victimisation

Led by Dr Cassandra Cross, this project will use the combination of an online survey and consumer interviews, to establish a baseline of data on levels of financial literacy, awareness of fraud, and victimisation experiences of SMSF holders to fraud.

Project stage: Research
Grant duration: 2 years
Grant commenced: 2019


RMIT University

You, me and money: Financial First Aid Kit for young adults

With a team led by Professor Roslyn Russell, this project will create and promote a financial capability toolkit for young adults. The aim of the project is to prevent the escalation of economic abuse in young adult relationships.

Watch a video about the co-design process behind the toolkit here.

Project stage: Pilot
Grant duration: 2 years
Grant commenced: 2019


University of Technology Sydney

Influencing informed decision-making regarding small amount credit and consumer leases (SAC & CL) among Indigenous consumers in Western Sydney

Professor David Michayluk working with Professor Robynne Quiggin will lead a team to investigate and propose new approaches to protect consumers in the target audience.

Project stage: Research
Grant duration: 2 years
Grant commenced: 2019


CHOICE

Better Super Through Technology

CHOICE trialed a digital advice ‘chat bot’ to encourage engagement with superannuation for young adults and new mothers. This pilot carried on from research previously funded using an FLA grant into options to engage young adults, women and pre-retirees in superannuation.

Project stage: Pilot
Grant duration: 2 years
Grant commenced: 2016
Grant status: Concluded


Women's Information Referral Exchange (WIRE)

Financial ‘Teachable Moments’ for women affected by family violence

Research into the best time to offer financial capability help to women affected by family violence. Report available here.

Project stage: Research
Grant duration: 2 years
Grant commenced: 2016
Grant status: Concluded


Brisbane Indigenous Media Association

Managing Bungoo

This project tested the effectiveness of radio in raising awareness of financial literacy issues in Aboriginal and Torres Strait Islander people in South East Queensland, using the 'Money Woman' character.

Project stage: Pilot
Grant duration: 2 years
Grant commenced: 2015
Grant status: Concluded


Women’s Legal Service Queensland (WLSQ)

Penda app for women

WLSQ developed Penda, Australia’s first financial empowerment app for women with a domestic and family violence focus.

Project stage: Pilot
Grant duration: 2 years
Grant commenced: 2015
Grant status: Concluded


Women's Information Referral Exchange (WIRE)

Strong beginnings financial equals

WIRE conducted research (stage 1) to inform the production of the Women Talk Money website (stage 2) empowering young women to engage in healthy financial relationships with their partners. Stage 1 report available here.

Project stage: Pilot
Grant duration: 2 years
Grant commenced: 2014
Grant status: Concluded