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John O'Connell: Life Education Trust CEO on Labour's plan to make teaching financial literacy compulsory

John O'Connell: Life Education Trust CEO on Labour's plan to make teaching financial literacy compulsory

Early Edition with Ryan Bridge · Newstalk ZB

August 20, 20233m 59s

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Show Notes

There’s some concern over Labour's promise to make teaching financial literacy compulsory.

The party's vowing to make the change happen from 2025, if it's re-elected.

Life Education Trust CEO John O'Connell says it's great it's finally being recognised.

But, he told Kate Hawkesby, he's worried about it being taught mainly via the maths and social sciences curriculums.

He says we have to shift the mindset of financial literacy being an academic achievement, because it's actually a life skill.

O'Connell says until we do that we'll continue to fail.

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Topics

Life Education Trustjohn o'connellfinancial literacylabour partyelection 2023