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August 20, 2023 3 mins

There’s some concern over Labour's promise to make teaching financial literacy compulsory.

The party's vowing to make the change happen from 2025, if it's re-elected.

Life Education Trust CEO John O'Connell says it's great it's finally being recognised.

But, he told Kate Hawkesby, he's worried about it being taught mainly via the maths and social sciences curriculums.

He says we have to shift the mindset of financial literacy being an academic achievement, because it's actually a life skill.

O'Connell says until we do that we'll continue to fail.

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