Support for financial counselling services

A FURTHER fifteen million dollars in funding by the State Government is set to provide more support to financial counselling services.

Not-for-profit community organisations can apply for funding to help provide services to their local community.

The aim of the additional funding is to help Victorians experiencing financial hardship following interest rate rises, increasing rents and cost-of-living pressures.

“Having access to free financial counselling can be a lifeline when you are struggling to pay the bills, which is why we have provided record funding to support access to these services,” said Minister for Consumer Affairs, Gabrielle Williams.

“We know people experiencing rental or mortgage stress need support, and this additional $15 million investment will help more Victorians connect with financial counselling services.”

Eligible organisations must submit a proposal about how they will support people experiencing financial difficulties, especially due to mortgage and rental stress.

This funding is on top of $6.8 million which was allocated in this year’s Victorian Budget for specialist financial counselling services for victims of family violence.

Expressions of interest are open until Friday 30 August and can be made at consumer.vic.gov.au/FCfunding.