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Consumer and financial literacy

The Department of Education and Training recognises the need for Queensland students to be confident and informed financially literate consumers and investors. Consumer and financial literacy is a cross-curricular area of learning and includes the teaching of concepts relating to consumerism as well as financial matters.

The rationale for consumer and financial literacy in education is identified in the National Consumer and Financial Literacy Framework Adobe PDF document External Link. The framework is designed to guide states and territories in the development of curriculum and support materials. It describes essential consumer and financial capabilities that will support lifelong learning and provides guidance on how consumer and financial education may be structured to support a progression of learning from Foundation (Prep) to Year 10. There are three interrelated dimensions of learning that underpin consumer and financial education: Knowledge and understanding; Competence; and Responsibility and enterprise.

Teaching consumer and financial literacy

MoneySmart Teaching

The MoneySmart Teaching program aims to engage students in a fun way with real life money experiences and supports teachers, both professionally and personally, in building their capacity and confidence to deliver consumer and financial literacy education in their classroom and across the whole school.

The program uses consumer and financial literacy as a context for teaching and learning in mathematics, English and science, with all of the units of work aligned to the Australian Curriculum.

Buy Smart competition

The Buy Smart competition External Link is designed to teach Queensland's youth lifelong skills and awareness about financial and consumer issues. Year 4 to 12 students, individually or in teams, are required to identify and research a consumer issue before developing a creative project to explain the issue to a target audience of their choice.

The teachers' kit External Link covers a range of suggested topics and presentation ideas for competition entries, and classroom activities for primary and high school students.

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This page was last reviewed on 07 Apr 2017 at 11:37AM

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