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Forecast Opportunity View - FO2024-2800

Financial Wellbeing & Capability Activity Grant Opportunity: Financial Wellbeing Hubs

Contact Details

Community Grants Hub

Phone:
1800 020 283

Email Address:

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FO ID:
FO2024-2800
Agency:
Department of Social Services
Program Name:
Financial Wellbeing and Capability Activity - Financial Wellbeing Hubs
Description:

The Australian Government is inviting organisations to apply for funding under the Financial Wellbeing and Capability Activity – Financial Wellbeing Hubs program (formerly Money Support Hubs), through an open competitive grant process.

Up to $95.1 million over 5 years will be available, nationally, from 1 July 2025 to 30 June 2030.

Financial Wellbeing Hubs will provide integrated, co-located financial wellbeing services, with a strong focus on early intervention and financial capability. Integrated services will include financial counselling and financial capability, Emergency Relief and access to Microfinance products, and will focus on supporting individuals to increase their financial and digital literacy and longer-term financial resilience.

Hubs may be targeted including for First Nations communities, culturally and linguistically diverse communities, youth, people with disability and people impacted by family and domestic violence.

A priority for these grants is that funded organisations are recognised in the community as a ‘one-stop’ location for financial wellbeing services.

Organisations funded to deliver Hubs will be expected to work closely with other services in the region. This includes identifying opportunities for consortia and/or co-location for integration of services.

The grant opportunity is expected to open in coming weeks, for 7 weeks.

Further information will be included in the Grant Opportunity Guidelines.

Status:
As Published
Estimated Period of Release:
July to December 2024
Linked Grant Opportunities:

GO7240 Financial Wellbeing and Capability Activity - Financial Wellbeing Hubs  |  Closed

Contact Details

Community Grants Hub

Phone:
1800 020 283

Email Address: