Victorian Gov't underwrites financial counselling

insurance/futures/

The Victorian State Government has given $1 million to help with financial counselling for bushfire victims.

The financial counsellors will assist affected residents to assess their financial position, access key services and rebuild their lives and livelihoods.

Victorian consumer affairs minister Tony Robinson said counselling was vital as residents rebuilt their lives after the worse bushfires in living memory.

“Financial counsellors will be sent to areas hit hardest by the bushfires to advise residents on how to make the most of their Rebuilding and Recovery Grants from the bushfire appeal,” the minister said.

“From deciding how to use their grants to dealing with problems with personal loans and insurance claims, residents of bushfire-affected areas need extra support.”

The funding will pay for 12 extra financial counsellors through the Community Service Hubs operated by the Department of Human Services.

An information resource kit will also be produced to complement financial counselling services, containing important advice on financial decision-making and debt management.“Assisting families to make good decisions about their financial futures after the bushfires is exactly the kind of support they need to move forward and start the rebuilding process,” Robinson said.

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