Financial Literacy Capacity Building

In Australia, only one in two women have basic financial literacy. Women, for example, who are migrants from a non-English speaking country have a financial literacy rate of 40.5% this compares to 49.1% for Australian born women. Similarly, women whose highest level of education was Year 12 or less have a financial literacy rate of 38.3% while the rate for tertiary qualified women is 65.2%. Financial abuse disproportionately affects women. The prevalence of such abuse among women (15.7%) is more than double that of men (7.1%). Of women who experience domestic violence, 99% also experienced financial abuse at some point in the relationship. Various factors are thought to influence financial insecurity including social isolation, marginalization, insecurity and a lack of knowledge about legal and financial support services. Therefore, empowering these women with the knowledge of their rights under Australian law and understanding of financial literacy is key to their economic security, financial independence and meaningful inclusion in society.


The objective of Alo’s financial literacy program is to support women from CALD backgrounds build capacity towards financial security, independence and wellbeing. Alo aims is to provide information that will assist women understand their financial rights, help them manage budgets and finances on a day to day basis, but also plan for longer term financial security. Most importantly Alo wants to contribute towards sustainable development goals 4.4 and 5.


We are very proud to present the first ever in ACT ‘Financial Literacy Toolkit’ and the workshop ‘Harmony through Financial Security’ to empower CALD women with financial literacy. Inspired by evidence-based community education principles and using a culturally appropriate training module, this toolkit addresses three key areas in a step- by-step process:


  • CALD women’s relationship to money, including what constitutes financial wellbeing, warning signs and your legislative rights;


  • Hands-on experience on how to manage your finances using a culturally-appropriate financial tool kit for CALD1 women, first in the ACT2


  • Information on available resources and support programs in the ACT and beyond.


You can access the Toolkit here.

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Harmony through financial literacy 2021.jpg

Harmony through Financial Security

The overarching objective is to support women from CALD backgrounds to build capacity towards financial security and independence which will enable/facilitate social inclusion for this cohort. Focused, hands-on, day-long workshop, funded by the ACT government. 

  • Women’s relationship to money in South Asian cultures,

  • what constitutes financial abuse, warning signs and your Legislative rights,

  • Available resources and support programs

  • Finally Learning how to manage budgets and finances using a Financial tool kit

Financial Literacy 4 Women

Alo hosted its inagural workshop designed to assist women to improve their financial knowledge and help with financial management and planning, including superannuation. 

This was an interactive workshop with activities and prizes.


Ishara Rupasinghe - Executive Director, Dixon Advisory
Zakia Patel - Regional Managing Director, Multicultural Hub Canberra

When: 5 June 2021 (Saturday) Time: 1:30pm – 4:30pm

Venue: The Theo Notaras Multicultural Centre Address: 180 London Cct, Canberra ACT 2601

Link to event page:

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