21 Aug 2023

Financial literacy classes essential say online providers

From Morning Report, 7:50 am on 21 August 2023

Providers of online financial literacy courses are hoping for a slice of the action, after Labour announced it would make financial literacy classes in schools compulsory from 2025, if it wins the election.

The classes will cover skills such as opening a bank account, KiwiSaver, budgeting, saving and investment, with learning assessments at every year level.

Many schools already provide financial literacy programmes through online resources like Moneytime.

Developer Neil Edmonds spoke to Ingrid Hipkiss.