Australia's biggest personal finance event!
finder.com.au is a proud partner of MoneySmart Week, a weeklong event that encourages and awards efforts in the community to increase financial literacy. MoneySmart is an initiative of the Australian Securities and Investments Commission (ASIC), the Federal Government corporate regulator with help from the Association of Superannuation Funds of Australia (ASFA) and other leaders in financial literacy.
Held in the first week of September, MoneySmart Week is now in its second year. The dates this year are September 1-7 2013.
finder.com.au Director Fred Schebesta said that MoneySmart Week is a good fit for finder.com.au, because consumers are encouraged to learn the financial ropes and better themselves.
"Educating consumers to improve their financial life is exactly what we're passionate about," Mr. Schebesta said.
"We're already seeing that consumers are getting savvier and we don't want that momentum to slow. Statistics show that Aussies are using this low home loan interest rate environment to pay off their credit card debts. This is encouraging to see."
MoneySmart Week Awards
Awarded in five different categories, MoneySmart Week awards recognise financial literacy achievements from these areas:
In essence, the awards are open to all levels of Australian society to celebrate their successes towards furthering Australian financial literacy.
Past category winners
- Saver Plus – ANZ Banking Group and The Brotherhood of St Laurence, with Berry Street, The Benevolent Society, The Smith Family and the Department of Families, Housing, Community Services and Indigenous Affairs.
- 10thousandgirl – A campaign for financial literacy targeted at young women.
- Casey North Community Information and Support Service
- Indigenous Consumer Assistance Network Ltd and Commonwealth Bank of Australia
- Women's Health Goulburn North East
- Women's Information and Referral Exchange and Queen Victoria Women's Centre
- StartSmart – Commonwealth Bank Foundation
- Milba Djunga – Pauline Kent of Yarrabah High School
- Brisbane Girls Grammar
- ANZ Survey of Adult Financial Literacy in Australia
- Into Your Comfort Zone – Department of Education, Western Australian and the Government Employees Superannuation Board
- ADF Financial Services Consumer Council
What is the judging process?
Applications for a MoneySmart Week Award are assessed on their merits against the criteria by the judging panel. The panelists include:
Colin Neave AM (Chair)
From his current post as Commonwealth Ombudsman, Mr Neave oversees safeguards for the community dealing with Australian Government agencies. He previously held roles as Banking and Financial Services Ombudsman and Chief Ombudsman of the Financial Ombudsman Service from 1996-2011, as well as other roles in consumer affairs, legal and company sectors.
A veteran finance journalist Andrew Cornell is an associate editor of the Australian Financial Review, working with the paper since 1998. He's a winner of a Walkley Award in 2010 and Citigroup/Columbia University Award for Excellence in Business Journalism and a recipient of a Department of Foreign Affairs and Trade research scholarship.
Elaine Henry OAM
Ms Henry has been a stalwart of the non-profit sector for more than a quarter of a decade. She is a former Chief Executive of The Smith Family, non-executive Director of AXA Trustees from 1998 to 2001, member of the Consumer and Financial Literacy Taskforce and member of the Financial Literacy Foundation.
Now a Member of the Financial Literacy Board, Elaine Henry brings a wealth of accolades to the position including, a Medal in the Order of Australia as well as repeatedly featuring in the Australian Financial Review's BOSS True Leaders in 2001, 2004, 2007 and 2010. In 2009, she received a Lifetime Achievement Award by Research Australia.
A veteran of consumer advocacy in the public service, Delia Rickard is the Deputy Chairperson at the Australian Competition and Consumer Commission (ACCC) and worked at the Australian Securities and Investments Commission (ASIC) for 13 years, where she developed the National Financial Literacy Strategy.
Some of her contributions to consumer finance include serving as a member of the Secretariat for the Wallis Inquiry into Australia's Financial System, as well as sitting on the Steering Committee for the ANZ National Financial Literacy Surveys. Delia was received the Public Service medal for her service in 2011.
Mr Thomas has a background in finance and investment advisory, including stints at the Rural Bank of New South Wales, the State Bank of New South Wales, AIDC Limited and the Origin Capital Group. He is a director at the Bank of China (Australia) and a member of the Australian Government Financial Literacy Board.
To win a MoneySmart Week award, these core values must be present:
- Knowledge and empowerment
- Improving outcomes
Criteria for Schools, Workplaces and Community categories
- There was a demonstrated need for the program/resource
- The program/resource had clearly defined objectives and met those objectives
- The impact of the program/resource was high in relation to the resources of the individual or organisation
- Sustainability of your financial literacy work
Criteria for Research category
- The research had clearly defined objectives
- The research design was credible and yielded reliable results
- The research findings advance understanding and/or evaluation of financial literacy issues
- Sustainability of your financial literacy work
When are the winners announced?
- The winners of MoneySmart Week awards will be announced on Monday 2nd September 2013.
MoneySmart Week Events
Many of the events held during MoneySmart Week are open to the public and are listed on the MoneySmart Week website including information seminars, Q&A sessions, money health checks and BBQs.
MoneySmart Week Ambassadors
Her Excellency Ms Quentin Bryce AC CVO Governor-General of the Commonwealth of Australia
Quentin Bryce has a wealth of experience in academia, law, community and human rights advocacy and public service. She became Australia's first female Governor-General on the 5th of September 2008.
Known from his days as the host of channel Nine's Money, Paul Clitheroe still a regularly features across print and radio media in Australia.
A proliferate author of personal finance books, he's sold more than 600,000 copies to date.
Paul is the Executive Director of the company he founded in 1983, ipac securities.
Justine is a finance editor and commentator for CANSTAR.
She has twenty years experience across finance and media and is still a regular columnist for News Limited.
Her books include "How to Afford a Husband" and "Money for Nothing."
Zoe founded the 10thousandgirl Campaign, which helps young Australian women with financial guidance. She also co-founded Future Map, a program which promotes financial literacy in workplaces. In 2012, she won a MoneySmart Award for Outstanding Achievement in the Community category for her work with 10thousandGirl .
The Barefoot Investor himself, Scott Pape spends his time writing to his legion of investment followers and recommending shares for his subscribers. He features weekly in newspapers, on radio and tv across Australia.
Nicole has had a successful career as an editor of financial publications in Australia and in the United Kingdom. She was an editor of Fairfax's Smart Investor magazine and the Investor newspaper section.
Effie began her finance career for one of Australia's major banks before making the transition to head researcher for Channel Nine's Money program. She has been the editor of Money magazine for the past 14 years and still features regularly in the media including Channel Nine's A Current Affair and Today programs.
How can I get involved?
Everyone can get involved in MoneySmart Week. You can attend events or even host your own in your workplace, community or school. There are so many ways to participate that no one need miss out.