Financial Wellbeing and Capability Activity – grants outcome announced

From 1 October 2025, over 300 grant recipients across every state and territory will receive a share of funding to ensure vulnerable individuals and families can access critical services. 

The Financial Wellbeing and Capability (FWC) sector plays a vital role in supporting individuals and families. This includes:

• providing tools for vulnerable people and those most at risk of financial, social exclusion and disadvantage
• helping people manage debt
• empowering people to become financially resilient and independent
• providing crisis supports to help people experiencing financial hardship, alleviate cost-of-living pressures and respond to natural disasters.

With the announcement, FWC funding will increase from $120 million a year to $150 million a year. This will support an estimated 500,000 Australians each year.

Longer-term grants of up to 5 years will provide certainty for FWC providers, allowing them to plan ahead and have flexibility to extend support to more individuals in need.

FWC services include:

• Emergency Relief
• Food Relief (and Material Aid)
• Financial Counselling and Financial Capability including specialist services
• Financial Wellbeing Hubs
• The No Interest Loans Scheme (NILS), NILS for Vehicles and the Saver Plus matched savings education program
• The National Debt Helpline. 

Find out more:

Read the Ministers Media Release(Opens external website).