Royal Commission Response
Veterans have dedicated their careers to defending our nation, often away from home, in challenging and highly technical roles. Their focus on national security means that for some, finances aren’t always a priority. However, this can lead to challenges once they transition to civilian life.
Recent statistics from the Royal Commission into Defence and Veteran Suicide highlight this issue:
- 34% of veterans reported financial stress, struggling with bills, debt management, and saving.
- Higher unemployment rates among veterans, particularly those injured or with mental health issues.
- Income disparity between veterans and the general population, leading to reduced earning capacity post-service.
Bravery Trust is committed to addressing these challenges. We provide tailored financial support and counselling to veterans and their families, helping them navigate financial hardships and build a secure future. Our proactive approach includes financial education programs designed to empower veterans with the skills they need to manage their finances effectively.
We endorse the Australian Government’s recent response to the Royal Commission and look forward to collaborating with the Defence and Veterans Services Commission Taskforce to implement the recommendations. Together, we can ensure that those who have served our country receive the support they need and deserve.