Lismore and District Financial Counselling Service Incorporated will receive an extra $54,000 in Australian Government funding to continue delivering services to help ease the strain on people under financial pressure.
Federal Member for Page Janelle Saffin said the Lismore service was one of 41 community and local government organisations to share in $3.5 million in top-up funding for the 2008-09 financial year.
Ms Saffin said the funding announcement by Federal Minister for Families, Housing, Community Services and Indigenous Affairs, Jenny Macklin, highlighted the Government’s commitment to assisting people under financial pressure.
All 41 current providers have received additional support as part of $10 million in extra funding which will be delivered over the next four years.
Commonwealth Financial Counselling organisations provide free services to people who are experiencing personal financial difficulties.
Ms Saffin said this could include mortgage stress, cost of living increases and credit card debt.
“Unemployment, sickness and family breakdown also put huge pressure on families,” she said
“It is so important for people experiencing personal financial difficulties to seek expert advice at an early stage.
“Financial counselling could help families overcome their financial problems and give them the capacity to avoid getting into difficulties again.
“The Lismore service has a lot of experience and can also connect clients with other support services in the region.”