A financially literate community leads to a more prosperous society. At the Commonwealth Bank Group we have a proud history of providing financial education programs catering to young Australians. This includes our School Banking program, which has been thriving for over 80 years.
The Commonwealth Bank Foundation was established in 2003 with the sole aim of improving the financial literacy of young people through education. The Foundation delivers a range of educational programs, including our award-winning StartSmart workshops, which reach over 200,000 Australian students every year. The Foundation’s programs don’t promote Commonwealth Bank products or services.
Australia’s leading financial literacy program for school and vocational education students.
The Foundation offers an array of resources to support teachers with financial literacy education in their classrooms.
Through our Foundation, we invest in projects giving Aboriginal and Torres Strait Islander youth access to educational opportunities.
In 2012, the Foundation was awarded the Australian Business Award for Product Excellence in education for our flagship StartSmart program. We were also awarded the Australian Business Award for Best New Product in education for our StartSmart Pathways program, which meets the needs of vocational education and training students.
The Foundation also supports teachers through our Teaching Awards program. The Teaching Awards recognise and reward inspirational teachers from across Australia who are making an outstanding contribution to developing the essential money management skills of their students. Fifteen teachers are awarded $10,000 as part of the program to support the commencement or continuation of a program that builds students’ money management skills. Find out about our latest round of successful teachers here.
Supporting Aboriginal and Torres Strait Islander people
The Foundation also supports Aboriginal and Torres Strait Islander people by providing educational opportunities to Indigenous youth and partnering with community organisations to build financial skills.
Learn more about how we support Aboriginal and Torres Strait Islander financial literacy here.