Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Financial education welcomed in Pacific communities

Financial education welcomed in Pacific communities 

The Pacific Families and Problem Debt Report, released by the Families Commission today, examines the impact high levels of debt are having on Pacific families and communities.

The research, conducted in conjunction with the Families Commission and the Ministry of Pacific Island Affairs, identifies a number of the reasons why some Pacific families get into debt. It provides insight into behaviours of finance lenders, student loan schemes, and church donations, all of which contribute to the high debt levels of some Pacific families.

Families Commissioner, Dr James Prescott, says there is a significant imbalance between affordability and cultural practice which often carries with it the obligation to give money. He says this imbalance is leading to reoccurring and unaffordable debt levels for some Pacific families, and this is holding Pacific communities back. 

However Dr Prescott says one of the main findings of the report is that, while people are often unable to seek help for themselves, they welcome help when it’s offered.

“Because the report identifies the reasons and motivations behind debt, it will help agencies deliver more targeted approaches to financial literacy and numeracy training. For example, the report identifies that a whole-of-family focus is required to resolve issues, and to be effective, any intervention needs to recognise the critical role of Pacific women in managing the family finances.”

The report highlights the influential role of the church in Pacific communities and its potential to take a lead in awareness raising and encouraging families to take advantage of the support services available, and to live within their means. 

The Chief Executive of the Ministry of Pacific Island Affairs, Pauline Winter, says the report provides the opportunity for agencies to work with Pacific communities to respond to the issues and needs arising from the research.

The launch was held at the Samoan Methodist Church with the support of local church leaders.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Parliament Today:

The Kids: OECD Report Shows Huge Impact Of Poverty On Education

A new report from the OECD has again highlighted the negative effects of poverty, showing that disadvantaged children in New Zealand are more than six times more likely to underachieve in maths than children from wealthier homes. More>>

ALSO:

Pacific: NZ Pledges $500,000 To Help Address Zika

“With the Zika virus now confirmed in a number of Pacific countries, New Zealand is committed to helping limit the impact and spread of the virus in the region,” says Mr McCully. “New Zealand will provide $250,000 as a contribution to the WHO to implement the Pacific Zika Action Plan, and a further $250,000 to enable countries in the region to respond rapidly if required." More>>

ALSO:

Labour: Police Commissioner 'Doesn’t Get Force Needs'

The Police Commissioner has let down the public and his own force by insisting the police have what they need despite it taking a year to solve a burglary and overwhelming number of officers saying they are under-resourced, says Labour’s Police spokesman Stuart Nash. More>>

ALSO:

Gordon Campbell: On The US Pressure To Expand Our Role In Iraq

Foreign news services are being more forthcoming about what the “next 12 months” will entail – essentially, the defence ministers will be under US pressure to increase their “training” role preparatory to an assault on the city of Mosul in northern Iraq. More>>

ALSO:

Parliament Restarts: Prime Minister’s Statement

Our policy agenda and legislative programme will reflect the Government’s four priorities: • to responsibly manage the Government’s finances • to build a more competitive and productive economy • to deliver better public services to New Zealanders, an • to support the rebuilding of Christchurch. More>>

ALSO:

NZEI Survey Report: Special Needs Students Missing Out

The survey revealed that around 16 percent of students were on schools’ special needs registers, but nearly 90 percent of schools’ special needs coordinators did not believe there was adequate support for students and their learning... More>>

ALSO:

Interim Report: Waitangi Tribunal On Ture Whenua Legislation

Labour on Proposed changes to Maori land rules: “To have Treaty Negotiations Minister Chris Finlayson dismiss findings as ‘bizarre’ is totally disingenuous and disrespectful. What’s bizarre is Maori Development Minister Te Ururoa Flavell stubbornly pushing through this Bill before the Waitangi Tribunal has even completed its report..." More>>

ALSO:

Spy Update: Appointment Of GCSB Acting Director

GCSB Chief Legal Advisor Lisa Fong will become the Acting Director of the Government Communications Security Bureau (GCSB) from 15 February 2016, Minister Responsible for the GCSB Christopher Finlayson announced today. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news