Geelong Place-based Financial Inclusion Action Plans
Geelong Region 'Build' Place-based FIAP
With the success of the ‘Foundation’ Financial Inclusion Action Plan (FIAP – phase one) in the Geelong Region, the development of a Geelong Region ‘Build’ FIAP (phase two) was initiated in July 2022; made possible with funding support from the Building Better Regions Fund and the Federal Government, along with Good Shepherd Australia New Zealand (GSANZ).
This initiative has seen the continued engagement of the pioneer organisations along with the further engagement of our new Geelong Region placed-based FIAP members to help support the financial wellbeing of individuals within the Geelong Region community.
The ‘Build – Geelong Region Financial Inclusion Action Plan’ launched on the 30th of March 2023. Read the Geelong Region ‘Build’ FIAP and watch the fantastic video of members describing what FIAP means to them, below.
Geelong Region 'Foundation' FIAP: Driving Positive Change
The 2022 Geelong Region FIAP report (below) highlights the critical role played by all Geelong Region FIAP members, over the past 18 months, in addressing the issues of financial stress and hardship affecting the local communities.
The Pioneers explored the impact of key risks and triggers of financial stress and hardship in the Geelong Region such as low income, unemployment, specific life events, lack of access to safe and affordable products and services, limited knowledge, and capability to undertake effective financial decisions and identified practical actions to address these challenges.
Why the Geelong Region?
In early 2018, the Helen Macpherson Smith Trust extended an opportunity for Good Shepherd to leverage the learnings of the National FIAP Program and test it in a specific place in regional Victoria. Geelong was selected as the first location to pilot the concept of a Place-based FIAP.
The Geelong region has a diverse economy, with growing industries and access to infrastructure, yet heavy manufacturing has historically been the biggest employer. More recently, the uncertain global economy and the technological disruption has led to the downsizing and closure of many factories. The local economy has been transitioning towards more diversified employment in higher skilled service industries including education, health, scientific research, and tourism yet those with lower skills and education particularly older workers are likely to be left behind.
Place-based Geelong FIAP
St Joseph’s College
Golden Plains Shire
Surf Coast Shire
The Gordon TAFE
Geelong Food Relief Centre
City of Greater Geelong
Meli (formerly Bethany Group and BCYF)
Colac Otway Shire
Give Where You Live
Good Money (Geelong Store)
Transport Accident Commission (TAC)
Sacred Heart College
The Times News Group
Our Impact stories
Every FIAP includes a commitment to report on progress made against actions. Find out more about our members’ stories below.