Did you know that women are retiring with around half the superannuation savings of men, and by 2055, two-thirds of single women will retire below a comfortable standard? To help address this trend and recognise the role of women in rural areas as investors in their communities, their businesses, their families and themselves, we are supporting a series of financial workshops across regional Australia over the next two years.
The Better Money Management program is run by not-for-profit organisation 10thousandgirl, and offers women in rural areas access to free expert financial advice via online educational tools, webinars and workshops across 16 regional locations. Financial literacy continues to be a global focus for us and by partnering with the Better Money Management program, we are able to help equip women with the confidence and knowledge necessary to create financial change and improve money management. Drawing on the expertise of our local staff and professionals in financial planning and management, insurance and superannuation, the workshops involve participants learning about asset classes and ways to better plan and manage their money including documenting their own financial goals and creating a personal investment plan. The workshops conclude with a Q&A panel session where the audience is able to ask specific questions of qualified local finance professionals.
There have been four workshops in 2015, launching at Orange in July, followed by Young, Shepparton and Geelong. Upcoming workshops are confirmed for Toowoomba (17 November), Hobart, Geraldton, Kojonup and Esperance in early 2016 and likely locations include Far North Queensland, South Australia, Moree and Armidale in New South Wales.
Rabobank embraces financial literacy around the world and as part of our commitment to help build long term capacity within rural regions and agri-businesses of Australia, and we are delighted to be supporting the work 10ThousandGirl as principal partner for the Regional Womens Financial Workshops across Australia.