Isn financial literacy already being taught in some schools?
Yes. However, until now consumer and financial literacy has not had a unified, systematic approach. Various consumer and financial content, courses and programs have previously been included in State and Territory curriculums. Now the nationally agreed Framework provides an integrated cross- curriculum approach for all students from Kindergarten to Year 10. Consumer and financial literacy will be integrated in curricula and programs across English, Mathematics, Science, (Humanities – Business, Commerce, Economics, Technology and Enterprise) Civics and Citizenship and Information and Communication Technology. This will allow all Australian students in their compulsory years of schooling to develop knowledge and understanding, skills and values in consumer and financial literacy.