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NILS TASMANIA FUNDING IN DOUBT

19 Oct 2017


 

Brian Mitchell MP raised in parliament today the concerning news that NILS Tasmania faces a $160,000 cut after a national funding model change by Good Shepherd Microfinance.

“Rather than allocating funding by need, Good Shepherd will from next year allocate funding on a purely per capita basis, which drastically impacts smaller states like Tasmania, despite demonstrably higher levels of socio-economic disadvantage and need for these services,” Mr Mitchell told MPs.

“NILS provides loans of up to $1500 to low-income earners receiving a pension or holding a concession card.

“There are no fees or interest applied to repayments. NILS can be used to access finance for things like a new fridge or washing machine, or pay for unanticipated dental costs or a car repair. It can also offer micro-finance to launch a new small business.

“Without NILS, as many as 600 low-income families would be forced to consider signing up with high-cost payday lenders or rental schemes.

“I do not want to be critical of Good Shepherd. It is a non-profit agency doing very good work, but I urge it in the strongest terms to reconsider its decision to strip $160,000 from Tasmania,” Brian Mitchell MP said.

For the transcript of the speech head here - https://www.aph.gov.au/Senators_and_Members/Parliamentarian?MPID=129164

Video can be provided upon request – or you can view it at www.facebook.com/brianmitchellforlyons2016

MEDIA CONTACTS: TANYA BROOKS-COOPER 0428 203 826

                                 

17 OCTOBER  2017



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