Northern Adelaide Place-based Financial Inclusion Action Plan
Why Northern Adelaide?
Following the success of the Geelong Foundation FIAP the Department of Human Services (DHS) Government of SA extended an opportunity for Good Shepherd to leverage the learning and experiences of the Geelong FIAP program and develop a similar program to address the local challenges to financial well-being in Northern Adelaide, specifically the Playford and Salisbury LGAs.
Northern Adelaide has undergone a significant economic shift in the last 10 years. It is difficult to separate the financial pressures of the Covid-19 pandemic from the culmination of stress of the past 10 years of economic change.
The closure of the General Motors Holden Automotive factory impacted work directly associated with the plant as well as second and third tier suppliers and affiliated businesses. The effects of these direct and indirect job losses from the region saw unemployment rise above the national benchmark, compounding issues for a demographic in which sections of the community have had a problem with the workforce.
Building financially resilient communities in Northern Adelaide
Despite having the fastest growing population rate in South Australia in the last three years across Playford, Salisbury, and Tea Tree Gully Local Council Areas the long-term socio-economic issues continue to impact the overall level of disadvantage in the region.
This clearly implies that even in the pre-COVID period the local communities were struggling with issues of high youth unemployment, low levels of educational attainment, and high rental stress combined with a greater concentration of low-income households in comparison to the rest of South Australia.
In 2021, a committed group of organisations representing multiple sectors in Northern Adelaide joined forces to better identify the entrenched challenges in the local communities and co-designed more than 50 practical actions to alleviate these challenges.
Northern Adelaide FIAP Impact Report 2023
The Northern Adelaide FIAP Impact Report 2023 features the incredible progress made by the members, over the past 12 months, in enhancing the financial inclusion, resilience and wellbeing of the local communities through extensive collaboration and implementation of the Foundation FIAP actions.
Click the button below to read the Impact Report.
Place Based - Northern Adelaide FIAP
The Northern Adelaide Financial Inclusion Action Plan embodies the collective efforts of the following organisations:
City of Salisbury
Northern Area Community & Youth Services Inc.
Relationships Australia SA
Good Shepherd Australia New Zealand
Office for Women
Taking Action to shift the dial on Financial Resilience and Wellbeing
The Northern Adelaide FIAP members developed a set of overarching principles to guide their current and future actions.