review: Treasurer Josh Frydenberg has announced the review on Thursday, to focus on how the services - which help people experiencing money woes - are co-ordinated and funded, according to Nine News Australia. The review will specifically consider gaps and overlaps in current services and whether funding models are up to scratch. To improve your experience update it counselling to be reviewed By AAP3 17pm Feb 7, financial counselling services will immediately be reviewed by the federal government after the banking royal commission found it would be worthwhile considering the best way to fund their support. The government recognises that it is a vital service used by thousands of Australians every year, Mr Frydenberg said. Banking royal commissioner Kenneth Hayne QC's final report was handed down on Monday, with 76 recommendations and scathing criticisms of industry players. This review is a chance to increase predictability and stability in funding for financial counselling, as well as consider whether funding sources can be broadened.
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