This survey of financial counsellors highlights the growing harm caused by gambling and the urgent need for additional workforce training. Financial counsellors are reporting that the rapid growth of gambling has resulted in increasing numbers of people affected by gambling harm, experiencing multifaceted problems. Helping these clients is more complex than working with clients not affected by gambling.
Small Loans, Big Problems – Insights on Buy Now Pay Later From More Than 500 Financial Counsellors On The Frontline
Buy Now Pay Later (BNPL) use has ballooned over the past year, with soaring numbers of people resorting to the unregulated credit for basics, such as food, fuel and energy, as Australians struggle with cost-of-living pressures, survey of more than 500 financial counsellors has revealed.