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Financial Education in Schools: Australia as a case study

Financial Education in Schools: Australia as a case study. Robert Drake Senior Executive, Financial Literacy,. MoneySmart Teaching. Following OECD principles. High level support. Financial literacy in the curriculum . Phase 1: Pilot. Professional learning for teachers.

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Financial Education in Schools: Australia as a case study

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  1. Financial Education in Schools:Australia as a case study Robert Drake Senior Executive, Financial Literacy,

  2. MoneySmart Teaching • Following OECD principles

  3. High level support

  4. Financial literacy in the curriculum

  5. Phase 1: Pilot

  6. Professional learning for teachers Face-to-face workshops using ‘train the trainer model’ Interactive online modules as an alternative Trained 8,000 teachers so far

  7. Financial Health for Teachers • A personal learning program via newsletter and video case studies for teachers eg: • Starting investing • Paying off your mortgage • Surviving divorce • Retire ready • Breaking the debt cycle • Being debt free

  8. MoneySmart Teaching website • Teaching and learning hub • Lesson plans • 20 digital learning objects • 23 videos • Links to other key resources teaching.moneysmart.gov.au

  9. Promotion • Key to success will be to stimulate demand, via: • parents • teachers • school principals

  10. Evaluation • Australian Council of Education Research will: • evaluate pilot • recommend how we might track long term • behavioural change • Australia is in PISA testing for financial literacy 2012 & 2015

  11. What children learn

  12. Teaching.MoneySmart.gov.au

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