“This kind of collaboration makes financial education more real, more relatable, and more effective.”

Lydia Toghill, Financial Advice Association of Australia (FAAA)

Young Tasmanians have had their say on how financial literacy information should be delivered, with an in person summit held in Launceston over the weekend.

The Get Money Smart summit brought together a group of young people aged 15–25 for a practical, engaging session on everyday money skills - from understanding payslips and budgeting to managing debt and getting to know superannuation. Participants were invited to test drive and help shape a national education resource.

The day was brought together by partners Youth Network of Tasmania (YNOT), Financial Advice Association of Australia (FAAA) and Bank of us, and supported by the City of Launceston. It was hosted at the St Lukes headquarters in Cimitiere St.

The session also gave participants the opportunity to provide feedback on the FAAA’s teaching resource for young people, sharing what worked and what could be improved to better suit their needs.

YNOT CEO Tania Hunt said the session showed the value of bringing young people directly into the conversation.

“There’s something incredibly powerful about making space for young people to be heard,” she said. “They know what support they need and they’re ready to help shape it.”

FAAA committee member and presenter Lydia Toghill said working directly with young people was energising and essential.

“It’s exciting to hear what really matters to them when it comes to money,” she said. “This kind of collaboration makes financial education more real, more relatable, and more effective.”

Bank of us Head of Brand and Partnerships Jason Purdie said the session was a great example of community-led impact.

“Working with partners like YNOT and the FAAA means we can back initiatives that are genuinely shaped by and for Tasmanians,” he said. “It’s a powerful way to support financial confidence for young people - and for the future.”

The partner organisations will now regroup following the session to consider how they will work together to support the ongoing financial literacy of young Tasmanians.