The State Government today announced a plan to invest $6.8 million to expand financial counseling services to help get Western Australians,impacted by the COVID-19 pandemic back on track.
As part of the WA recovery plan to COVID-19, the Premier and Community Services Minister announced the relief package with an additional $3.7 million to expanding existing financial counselling services.
The State Government will also work closely with the Financial Counsellors’ Association of WA to increase the number of skilled financial counsellors, which this initiative anticipated 40 full-time equivalent jobs for the financial counselling sector.
To make this possible, $1.5 million has been made available for traineeships and diploma scholarships, to grow the financial counselling workforce.
A further $180,000 will go to improving the skills of existing financial counsellors.
This funding will help respond to both the unmet demand for financial counselling and increasingly complex client issues.
Additional funding of $1.5 million will deliver financial counselling services in regional areas for a further two years.