Supporting people in financial crises
Financial Wellbeing and Capability Activity services support financially vulnerable people with aid, counselling, education and financial products.
The Australian Government has announced new grants for 5 programs under the Financial Wellbeing and Capability (FWC) Activity, with long term agreements being offered for:
Additionally, two-year grants have been offered for the Financial Wellbeing Hubs program to provide an opportunity to explore further reforms to promote connectivity for clients.
New FWC grants from 2025-26, totalling around $150 million a year, will provide supports for clients from pre-crisis, early intervention, to financial response, recovery and resilience.
Organisations had the opportunity to apply for FWC grants, from October to December 2024, through open, competitive or closed, non-competitive grant rounds.
Read the Media Release(Opens external website) about the announcement of these grant outcomes from the Minister for Social Services.
The Australian Government funds community organisations to support eligible individuals and families in financial crises.
The Financial Wellbeing and Capability Activity:
Services are free, voluntary and confidential.
Financial Wellbeing and Capability Activity services can help individuals experiencing financial distress.
If you’re in a financial crisis you can access emergency relief. It’s free and there are no citizenship or residency requirements.
Find your nearest Emergency Relief service provider(Opens external website).
Financial Wellbeing and Capability Activity services can help with managing money:
If you need support with debt management, you can get it now.
Talk with a financial counsellor:
You can find a financial counselling service at Moneysmart Financial Counselling(Opens external website).
The National Agreement on Closing the Gap is underpinned by the belief that when Aboriginal and Torres Strait Islander people have a genuine say in the design and delivery of policies, programs and services that affect them, better life outcomes are achieved.
We are working to embed the Closing the Gap Priority Reforms into the design and delivery of Financial Wellbeing and Capability programs.
Many organisations funded under the Financial Wellbeing and Capability Activity have Reconciliation Action Plans in place. We encourage organisations funded under the Financial Wellbeing and Capability Activity to provide a copy of their Reconciliation Action Plan (or equivalent) to their Funding Arrangement Manager.
These plans demonstrate organisations' commitment to Indigenous client service delivery and provide evidence to support the closing the gap commitments.
Learn more about how we are closing the gap.
Find updates about supporting people in financial crisis.