Our Patron
Commander 3rd Brigade, Brigadier David McCammon DSM and Bar
Homebase for the Veteran Community in Townsville
1 Staging Camp Ave, Oonoonba. Drop-in M-F 0900-1500, after hours upon booking
All closed on W/E and public holidays, unless booked.
[for GPS apps you may have better luck with 20 Darter Street, Oonoonba until actual is recognised on all platforms]
There is a lack of financial support/advice for veterans being awarded large sums of money for payouts and some are making big mistakes in handling the money.
Urgency:
Low
Veteran Community Needs Affected:
Sufficient Income, Appropriate Compensation, Respect & Recognition
Issue Details
We've seen some veterans awarded large sums with little or no financial advice to best manage it for the long term. Some have made poor decisions and find themselves in more trouble financially.
Likely Cause of the Issue
Lack of appropriate, timely financial advice. There is a limited number of suitable qualified financial advisers aware of the Veteran space to provide competent information based on the relevant Acts and the impact of the changing Veteran environment.
Possible Solution
Identify an organisation/person (wellbeing advocate) to arrange financial advice. Get funding support to provide it.