Program Overview The Financial Management Program (FMP) aims to build financial resilience and wellbeing for vulnerable people and those most at risk of financial and social exclusion and disadvantage. It helps people across a range of income and financial literacy levels to overcome financial adversity, manage their money, participate in their communities and plan for the medium to long term. FMP service strategies (i.e. activities) include: emergency relief; financial counselling (Commonwealth Financial Counselling CFC); money management information and education; microfinance and matched savings initiatives; information about saving for retirement; research into problem gambling and its impacts; and assistance with energy efficiency. Additional information about the FMP is available on the Department’s website: The new Counselling to support people affected by problem gambling (WA Remote ‘Financial Position)’ initiative, will be implemented under the CFC service strategy. Program Outcomes The FMP contributes to improved outcomes for vulnerable people, families and communities by: fostering the improved use and management of money; helping people address immediate needs in times of financial crisis; providing access to safe, affordable funds that may not be available through mainstream financial services and assisting in asset building; and undertaking research to inform policies to reduce the impact of problem gambling. Objectives The FMP aims to build financial resilience and wellbeing for vulnerable people and those most at risk of financial and social exclusion and disadvantage. Activity Overview Commonwealth Financial Counselling services are delivered by community and local government organisations and help people in personal financial difficulty to address their financial problems and make informed choices. Circumstances that can lead to personal financial difficulty include unemployment, sickness, credit over-commitment, problem gambling, family breakdown and the impact of a natural disaster. CFC services are expected to work collaboratively with other FMP services such as money management and emergency relief services. While most CFC organisations deliver financial counselling, a small number of CFC organisations deliver resource support targeted at CFC organisations. The CFC funding complements funding provided by State and Territory Governments for financial counselling services.
Program Overview The Financial Management Program (FMP) aims to build financial resilience and wellbeing for vulnerable people and those most at risk of financial and social exclusion and disadvantage. It helps people across a range of income and financial literacy levels to overcome financial adversity, manage their money, participate in their communities and plan for the medium to long term. FMP service strategies (i.e. activities) include: emergency relief; financial counselling (Commonwealth Financial Counselling CFC); money management information and education; microfinance and matched savings initiatives; information about saving for retirement; research into problem gambling and its impacts; and assistance with energy efficiency. Additional information about the FMP is available on the Department’s website: The new ‘Financial Counselling to support people affected by problem gambling (WA Remote Position)’ initiative, will be implemented under the CFC service strategy. Program Outcomes The FMP contributes to improved outcomes for vulnerable people, families and communities by: fostering the improved use and management of money; helping people address immediate needs in times of financial crisis; providing access to safe, affordable funds that may not be available through mainstream financial services and assisting in asset building; and undertaking research to inform policies to reduce the impact of problem gambling. Objectives The FMP aims to build financial resilience and wellbeing for vulnerable people and those most at risk of financial and social exclusion and disadvantage. Activity Overview Commonwealth Financial Counselling services are delivered by community and local government organisations and help people in personal financial difficulty to address their financial problems and make informed choices. Circumstances that can lead to personal financial difficulty include unemployment, sickness, credit over-commitment, problem gambling, family breakdown and the impact of a natural disaster. CFC services are expected to work collaboratively with other FMP services such as money management and emergency relief services. While most CFC organisations deliver financial counselling, a small number of CFC organisations deliver resource support targeted at CFC organisations. The CFC funding complements funding provided by State and Territory Governments for financial counselling services.
final_part_c_application_information_for_cfc_-_financial_counselling_wa.docx