People getting back on their feet in the Ipswich and Somerset communities can tap into free financial guidance on the new MoneySmart website to help them get back on track.
MoneySmart.gov.au, developed by the Australian Securities and Investments Commission (ASIC), gives people free access to a toolkit of online resources, including budget planners, credit card and mortgage calculators and comprehensive information about superannuation.
Parliamentary Secretary to the Treasurer, David Bradbury, joined Member for Blair, Shayne Neumann and local families at the Ipswich Baptist Church for a virtual tour of the MoneySmart website.
"The Gillard Government wants people to be better informed about the choices they make so that they can take control of their own finances," he said.
"We think it's important that people take into account all of the risks and benefits before making decisions on their finances.
"It doesn't matter how young or old you are, it is never too late to take a financial health check. Understanding more about your financial health can help you set goals and be more engaged.
"Often the first steps are the hardest to take, but something as simple as working out a household budget with the help of MoneySmart can make a big difference."
Mr Neumann said that the site would be particularly useful for families who are recovering from the recent floods who are looking for some simple information and guidance.
"Our communities have been through so much, and as people are starting to rebuild and make decisions about their finances, this new website is a source of free and unbiased guidance.
"There are 26 calculators and tools, including specially-designed mobile phone apps, to help people find the answers to their questions about money.
"The website is free and easy-to-use and can be accessed from home or public libraries and neighbourhood centres."
Go to www.moneysmart.gov.au to see the full range of calculators and online tools. You can also follow MoneySmart on Facebook and Twitter, and sign up for a free eNewsletter.
28 April 2011