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In$Piring Financial Literacy Symposium

MEDIA RELEASE

5TH SEPTEMBER 2012

In$Piring Financial Literacy Symposium Rounds Off a Successful Money Week

Minister of Commerce, Deputy Mayor of Auckland and the Retirement Commissioner speak at COMET Auckland Money Week event

Over 50 agencies are set to come together to facilitate collective action on Auckland’s rising levels of household debt and poverty this Friday.

The In$piring Financial Literacy symposium will hear from a range of grass-root and expert speakers who deliver resources and/or advocate for expanded financial literacy education within Auckland.

Craig Foss, Minister of Commerce, will be speaking on why financial literacy is an important strand to a strong economy and enduring growth, and why being globally trusted is critical to our country’s economic security in today’s world.

He will also speak on how financial literacy education and skills contribute to a labor market with more jobs, improved income levels, and living standards people desire and deserve.

Penny Hulse, Deputy Mayor of Auckland, will be speaking about the economic issues facing families and communities in Auckland and the place of financial literacy in building the most liveable city in the world.

Retirement Commissioner, Diana Crossan, will be speaking about financial literacy partnership and provision, one of the central themes of the In$piring Financial Literacy event.

Other speakers from a variety of organisations will touch on topics in the financial literacy space throughout the day, including:

• Collective impact on financial literacy

• Enhancing family life through financial literacy

• Financial literacy and the relationship with housing and citizenship

• Building blocks including programmes, services, language and curriculum

• Building financial literacy partnerships and sponsorship agreements

A key message at the symposium will be that while financial literacy on its own cannot alleviate the impacts of debt and poverty, it does provide people with the skills and tools needed to get more value from their money.

-ends-

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