Australia’s financial industry is rapidly changing.
In fact, in just the past year, a lot has changed.
For many, this is a time of great uncertainty.
There is a lot of uncertainty about how to prepare for the future.
And it is often a bit like the US, where we have a lot to learn about how the financial system works.
To help people understand the financial industry and how it works, we created a series of articles to provide a brief introduction to what the financial sector is and what it does.
The articles below outline some of the challenges that financial training faces, and what is being done to help people get the right skills.
Read more on Next Big Futures.1.
The financial sector isn’t as diverse as it once was1.
Financial training is still a challengeIn 2016, we saw a spike in the number of people seeking financial training in Australia.
At the time, there were more than 20,000 registered financial trainees in Australia and there were an estimated 8.2 million Australians who were actively looking for financial training.
While the numbers have fallen since then, the number still accounts for a significant share of the total number of trainees seeking financial help in Australia, with many trainees needing to attend more than one training institution.
This can lead to a shortage of financial professionals in the field.
In addition, the Australian Financial Services Commission (AFSC) is working to improve the number and diversity of financial training providers.
The National Association of Financial Trainers (NAFT) estimates that the number is around 8% of its members.2.
Financial trainees need to be prepared for the challenges of the futureThere are a number of challenges that trainees face in the future that are not present in the financial education industry today.
In particular, there is a lack of access to finance training in the public and private sectors.
A key challenge for the financial training industry is ensuring that people who need to train are prepared to do so in a variety of settings.
For example, training providers need to offer both online and face-to-face training, and the financial profession needs to be flexible in its training requirements.
This means that trainee students need to have access to a range of career options.3.
Training providers need the financial community’s supportThe financial sector needs to have the support of the financial services industry to offer training, but it is also important that the financial infrastructure is up to date to ensure that the training is effective.
This is particularly important when trainees are preparing to enter the finance workforce.
For more information about the role of the public sector in training and the role that the finance sector can play in ensuring that training is sustainable, please refer to our article on the role and role of public and other stakeholders in the development of financial infrastructure.4.
There are still a lot we don’t knowThe financial industry has been in a constant state of flux.
While there are changes happening in the world of finance, the financial systems are fundamentally the same.
As we move forward, we need to remain focused on the skills and competencies we need in the next few years, so that financial professionals can better prepare for their future in the industry.5.
Financial institutions need to invest more in financial educationTo meet this growing demand, the National Association for Financial Trainees (NAFTR) is supporting the development and implementation of a number strategic initiatives.
These include: The development of a range and diversity to deliver training to financial professionals, including a focus on the development, implementation and delivery of financial education services.
This will be a critical priority for the next five years, and will include a range that is inclusive of financial sector trainees and the wider community.
This includes a range on financial education and training, training and assessment, and training for financial professionals.
The NAFT is also working with other sectors to develop and deliver financial education training courses for trainees, as well as trainee assessments and the development or delivery of training for new financial professionals and financial educators.6.
Financial education needs to reach more peopleThe number of Australians seeking financial support has remained stable since 2014.
However, as more people need to receive training, there needs to also be a wider uptake of financial literacy and financial skills training in schools and colleges.
This requires a greater focus on supporting students in the classroom, and a broader range of financial tools that help students develop financial literacy, and better understand financial options.
In the past, there has been a focus to support financial literacy through training, which was particularly important for students in disadvantaged backgrounds.
The future of financial inclusion and financial literacy training is a key focus of the NAFT.7.
Training needs to address the unique challenges of remote and remote-based environmentsThe financial services workforce is still quite remote and rural.
There still remains a lot that needs to change, including how the industry is structured and trained in the remote and
