Retirement Commission – NEW FINANCIAL EDUCATION PARTNERSHIP HELPS RANGATAHI LEARN ABOUT MONEY

0
89
Source: Retirement Commission

Te whai hua – kia ora, Sorted in Schools, Inland Revenue and School Kit have joined forces to bring more innovative new learning resources to teach high school students about money.

Newly designed interactive resource packs on tax and compound interest will be sent to around 13,000 year 9 and 10 students throughout New Zealand over the next 12 months.

Te Ara Ahunga Ora Retirement Commission Learning Lead, Yasmin Frazer says this partnership extends the reach of Te whai hua – kia ora, Sorted in Schools, the Retirement Commission’s free financial education programme.

“It’s critical the next generation of New Zealanders can access financial knowledge through the education system, and this provides teachers further resources to engage their students with money,” she says.

“We have been providing resources and upskilling teachers and Kaiako through our Te whai hua – kia ora, Sorted in Schools programme since 2019, with 89% of New Zealand schools and kura now using it.

“Partnering with School Kit has meant we can offer more ways to teach kids about money as well as supporting us to support more teachers to learn more about financial education themselves.”

The kits can be incorporated into a variety of subjects, comprising English, Math, Business or Social Studies and combine a mix of digital and physical resources including encouraging use of the practical tools available on the Sorted website.

The tax focused kit teaches students about tax in a way that is compelling and meaningful so they can hit the ground running when they start working, it also delves into how it contributes to areas like health and education.

Inland Revenue Te Tari Taake Community Compliance Leader, Cy Lochead says, “We want everyone in New Zealand Aotearoa to understand how tax works and what it’s used for, as it’s an important part of our working lives.”

“Partnering with Te Ara Ahunga Ora to develop financial literacy through the education system has created an opportunity to develop that understanding right from the start.

“We’re excited to see the School Kit released, creating new opportunities to engage with the taxation module content.”

Notes:

About Te whai hua – kia ora, Sorted in Schools

Te Ara Ahunga Ora Retirement Commission launched Te whai hua – kia ora, Sorted in Schools in 2019, which now has 78% New Zealand secondary schools and 81% of kura taking part.

It is the first government-backed financial education programme fully aligned with the curriculum, so can be taught as part of day-to-day classes in subjects as diverse as maths, social sciences, technology, English and even health. The resources cover topics ranging from debt and money management to KiwiSaver and insurance and include learning and assessment materials for NCEA unit and achievement standards.

More than 300 resources, designed by teachers for teachers, are already available through the website sortedinschools.org.nz, and we deliver free professional development workshops and webinars to help teachers feel confident to teach the subject. Ask your secondary school if you haven’t seen them using it.

In 2022/23 68% of schools and kura have used Te whai hua – kia ora and 97% of teachers value Te whai hua – kia ora as a financial capability programme they like to use. And it’s all free.

MIL OSI

Previous articleNZ-AU: American Rare Earths Receives First Reimbursement from Wyoming Grant
Next articleMarlborough Sounds blue cod review – measures to reduce fishing pressure and improve fishery health