Banking on Indigenous communities: Issues, options, and Australian and international best practice

Abstract

The ability of people to manage and budget their incomes, arrange to pay third parties, purchase food, goods and services, and maintain a level of financial and economic independence and planning, all rely on maintaining informed access to appropriate banking and financial services. <p> The rhetoric of economic independence is commonly employed as a laudable objective for Indigenous peoples. However, there is little evidence of systematic attention being applied to ensuring Indigenous Australians can even enjoy equitable levels of access to those essential banking and financial services that are taken for granted by other Australians (Reconciliation Australia Strategic Plan 2001–2003).