The national Indigenous-led financial counselling service has received an additional $6 million from the federal government to expand its reach to more First Nations people.
Mob Strong Debt Help provides free, confidential financial counselling and supports families and communities experiencing financial hardship.
It supports up to 400 people each month, providing assistance with managing debts and loans, navigating tax and superannuation issues, and dealing with housing costs and utility bills.
Mob Strong Strategy and Operations Manager Bettina Cooper said the service was designed to provide culturally safe financial support.
She said the funding from the Department of Social Services gives them "certainty to continue this important work and support more First Nations people and communities with culturally safe help when they need it".
"Mob Strong Debt Help is designed by and for First Nations people, and that's why it works," the Boandik woman said.
"Delivered by a predominantly First Nations team, our financial counsellors work alongside Mob to understand their rights, manage debt and strengthen financial wellbeing."
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More than 90 per cent of people who have used Mob Strong Debt Help report being satisfied with the service, which provides support tailored to the cultural, social and economic circumstances experienced by First Nations communities.
The four-year recurrent funding will support the service to continue providing financial counselling by phone, retain and train more First Nations staff and expand its outreach, including into the Northern Territory.
Minister for Social Services, Tanya Plibersek, said financial counselling services could play a significant role for people experiencing financial difficulties.
"Mob Strong Debt Help understand that financial challenges can be shaped by a range of factors, including cultural obligations and family responsibilities, and are able to tailor their services and assistance to help people find financial stability," she said.
"Our investment recognises that services designed by and for First Nations people and communities have the greatest impact."
Minister for Indigenous Australians, Malarndirri McCarthy, said the funding would allow Mob Strong Debt Help to reach more communities.
"Mob Strong Debt Help provides a safe place for First Nations people and families to get tailored support when facing financial difficulties," she said.
"An important part of strengthening economic empowerment for First Nations people is making sure families have access to the financial assistance they need. That's why I am so pleased we are continuing to support this community-led service."
Mob Strong Debt Help can be accessed on 1800 808 488 between 9.30am and 4.30pm Australian Eastern Standard Time, Monday to Friday.
