The state's education union has demanded school programs provided by big banks be banned from the classroom.
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The ACT's Legislative Assembly recently passed a motion to remove school banking programs from public schools.
The Victorian Government has already banned school banking programs provided by financial institutions in public schools.
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Union state manager Brian Wightman said the Tasmanian Government needed to follow this lead.
"There is obvious need for financial literacy to be a part of the school curriculum, however, our students deserve programs delivered by qualified teachers, without being exposed to one of Australia's largest child marketing schemes," he said.
Government minister Michael Ferguson said work was underway by the Education Department on the issue of banking programs in schools.
"It's a really good principle for friends, guardians and school teachers to be encouraging children from the youngest of ages to be really responsible with their money," he said.
The Australian Securities and Investments Commission in December released its findings on a review of school banking programs.
It found providers of school banking programs were unable to demonstrate how children developed appropriate savings behaviour.
ASIC found payments to schools for implementing school banking programs incentivised schools to encourage greater participation in the programs.
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