Why Financial Literacy Is A Win-win For Australia

" In today's fast-paced consumer society, monetary literacy is a vital daily life ability. It means being able to understand and work out the financial landscape, handle loan and financial threats efficiently and prevent financial pitfalls," ASIC states. "Improving monetary literacy can benefit anyone, regardless of age, earnings or background."

I completely support the effort to raise the level of Australians' financial literacy.

Categories: General

Government Regulations on Financial Institutions

Governments all over the world regulate the financial sector. This could be due to a number of reasons. These regulations affect investment and even performance of the sector.

In the aftermath of the global financial crisis of 2008, the banking sector in the United States became subject to a number of new regulations established by government legislation. These bank regulations continue to impact the administration and operations of banks and other ancillary financial entities.

Categories: Personal Finance