The annual impact report released today found the program continued to support financially at risk groups with 68% of total participants female, 31% unemployed, 26% students, while 29% spoke a language other than English at home.
ANZ Chief Executive Officer Shayne Elliott said: “It’s important that our community investment improves people’s lives and supports growth and development. This report shows MoneyMinded does that.”
The report also highlighted the success of a new program for micro-entrepreneurs in the Pacific. Upon completing MoneyMinded Business Basics for SME’s, participants were more likely to keep written business records and more likely to make a profit at the end of the day.
“The new MoneyMinded Business Basics course recognises the link between the success of small businesses and the welfare and growth prospects of communities,” Mr Elliott said.
“We will continue to invest in improving the financial literacy of communities in which we operate; in 2016 we are aiming to reach a further 60,000 people for MoneyMinded and an extra 600 people across the Pacific with the Business Basics course.”
To download a full copy of the report visTo download a full copy of the report visit http://anz.co/Zh6NX
For more information on the program visit www.moneyminded.com.au
Notes for editors
- MoneyMinded is a comprehensive suite of adult financial education resources, developed by ANZ and education experts in 2003 to support financial counsellors and community educators build the financial skills, knowledge and confidence of participants.
- The community organisations which deliver the program in Australia include AnglicareSA, Berry Street, Brotherhood of St Laurence, Kildonan UnitingCare, The Benevolent Society and The Smith Family.
- ANZ delivers MoneyMinded in 23 markets making the program one of the most widely used programs of its type in the Asia Pacific region.
- ANZ has received three MoneySmart Week Awards for its financial literacy programs, most recently in 2015.