This report summarises the discussions held at a workshop convened by the Australian Securities and Investments Commission (ASIC), the Northern Territory (NT) Government and CPA Australia on 19 July 2011 in Darwin.
Financial and commercial literacy services in remote towns in the Northern Territory are currently delivered by a range of providers, in various formats to various groups via largely self-regulated programs.
Given the large number of stakeholders and delivery methods, success in this area surely requires effective partnerships, collaboration and coordination between all those involved in commercial and financial literacy work.
There also needs to be mutual agreement about ways forward, in order to achieve the goal of greater economic participation and local people owning and running their own businesses in a sustainable manner.
What skills and information do these service providers (including accountants, managers and other support services to Indigenous enterprise) need to assist in this learning process? How can they share their learnings, collaborate and form effective partnerships?
ASIC, the NT Government and CPA Australia attempted to kick-start this discussion by bringing together key financial and commercial literacy stakeholders across the Northern Territory at a workshop in Darwin on 19 July 2011. The objective of the workshop was to share learnings and best practice in engagement, delivery, and measurement of financial and commercial literacy in Indigenous communities.