The Australian Government is inviting providers to apply for funding under an open funding round to deliver services under the Financial Wellbeing and Capability, Financial Counselling, Capability and Resilience Hubs funding round in specified locations in Western Australia, Northern Territory, Victoria, New South Wales, South Australia and Queensland for the period 1 January 2016 to 30 June 2017. Funding is anticipated to be offered to around 30 organisations as a result of this process.
Funding is available to deliver a targeted and streamlined Financial Wellbeing and Capability (FWC) service offer. The new model will establish FWC service Hubs offering both Commonwealth Financial Counselling and Financial Capability services in locations where income management is currently operating.
The aim of this funding round is to achieve closer integration of Financial Capability services, which is an early intervention model, and Financial Counselling to provide a more holistic service to clients.
Successful providers will establish Hubs with a core service offer of Commonwealth Financial Counselling and Financial Capability services. Successful providers will also have the option to incorporate microfinance services such as low or no-interest loans. Integration between Hubs and other relevant services to ensure consumers receive wrap‑around services is highly desirable.
Information for potential applicants go to: https://www.dss.gov.au/grants/financial-counselling-capability-and-resilience-hubs