New financial services pilot provides help for disadvantaged Victorians

New financial services pilot provides help for disadvantaged Victorians

New financial services pilot provides help for disadvantaged Victorians

Australians excluded from mainstream banks and services will be helped to access fair and appropriate financial products, including loans, under a $6.27 million Australian Government pilot.

The Minister for Families, Housing, Community Services and Indigenous Affairs, Jenny Macklin, launched the initiative at the Fitzroy and Carlton Community Credit Co-operative in Melbourne. The Co-operative is one of five community development finance institutions (CDFIs) across Australia that will be supported under the pilot project.

These institutions have all demonstrated a commitment to supporting vulnerable Australians to get access to financial services. They provide individuals and organisations who are able to repay a loan but who are excluded from mainstream banks and services with access to safe and affordable credit.

Find out more

Contact the Fitzroy and Carlton Community Credit Co-operative

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