Many Australians are facing financial difficulties, as highlighted by a study conducted by the University of Melbourne in 2023. The study revealed that nearly 56% of Australians reported struggling to make ends meet.
In response to this issue, LGIS has developed a new resource called 'Navigating financial wellbeing' to support its members and their employees in improving their financial resilience.
The 'Navigating Financial Wellbeing' resource aims to address the key challenges that can impact one's finances and offers practical tips to navigate financial stress and effectively manage money. LGIS has collaborated with the Financial Counsellors Association of WA (FCAWA) to provide a comprehensive range of resources. These resources cover various areas, including managing debt, mortgage tips, and handling unexpected financial setbacks.
For more information on LGIS' financial wellbeing resources, individuals can reach out to James Larkin, the WorkCare Services Manager, at 0419 355 943 or via email at health@lgiswa.com.au