Stereotypes of young people choosing avocado on toast over financial security have taken a knock according to data in the latest MyState Bank and Home Base Financial Wellbeing in Tasmania Report.
The MyState Bank Foundation has announced a record $220,000 in grant funding supporting 15 Tasmanian community organisations to help to build a bright future for young people across the state.
The inaugural Financial Wellbeing in Tasmania Report from MyState Bank and Colony 47 reveals an increasing number of Tasmanians, including renters, young people and those living in the regions are at risk of falling into financial distress.
The MyState Foundation has today announced more than $145,000 in grants to support 17 Tasmanian charitable organisations to help to build a bright future for young people across the state.
MyState Bank CEO Brett Morgan said the 2023-24 Tasmanian State Budget was bread and butter budget….with a stadium on top. “The 2023-24 State Budget has revealed a sharp drop in Tasmania’s expected economic growth, a fall state tax revenue, and a rain-check on a budget surplus,” Mr Morgan said.