First Nations Foundation has joined up with Morningstar to launch the first investment education and training course created specifically for Aboriginal and Torres Strait Islander people.
The online course will feature six modules providing an introduction to investing. It aims to improve financial literacy for Indigenous communities.
According to FNF, Indigenous Australians have had very little opportunity to manage their own money. Being paid in rations, experiencing stolen wages and having extremely low incomes have resulted in significantly lower levels of financial education compared to non-Indigenous Australians.