As part of the WA Recovery Plan, more than $6.8 million will be invested to further expand financial counselling services to help get Western Australians affected by the COVID-19 pandemic back on track.
The funds will help to meet the existing and anticipated increase in demand for financial counselling advice due to the economic impacts of the COVID-19 pandemic.
Of the funding:
- $3.7 million will expand existing financial counselling services
- $1.5 million will be available for traineeships and diploma scholarships to grow the financial counselling workforce
- $1.5 million will deliver financial counselling services in regional areas for a further two years
- $180,000 will go to improving the skills of existing financial counsellors.
For more information see the $6.8 million financial counselling boost to aid household recovery media statement.