As Term Two gets underway in Queensland, the State Government is reminding school teachers, parents and students about the annual Buy Smart Competition.
The competition offers students and schools the chance to win a share in $15,000 worth of cash prizes.
The competition was launched in February and there is still plenty of time for students in Years 4 to 12 to get involved.
Minister for Training Yvette D’Arth says giving the next generation fundamental consumer and financial knowledge is essential in ensuring Queensland continues to enjoy a safe and fair marketplace into the future.
“As part of the competition, students research a consumer or financial issue, think of a target audience that needs to know more about it, and make a creative project to explain the topic and give advice to the target audience.”
Cash prizes are up for grabs from a total prize pool of more than $15,000 across three categories.
(School Years 4–6, Years 7–9, and Years 10–12):
- First prize – $500 for the student/group, $2,000 for the student’s school or organisation
- Second prize – $250 for the student/group, $1,000 for the student’s school or organisation
- Third prize – $150 for the student/group, $500 for the student’s school or organisation
- School champion prize – $1,500 to the school judged most outstanding in consumer and financial literacy education
- Highly commended student prizes – up to 10 $50 prizes for students/groups across all categories.
There is a new ‘School Champion Prize’ in this year’s competition, which will award $1,500 to a school for outstanding work in consumer and financial literacy education throughout the competition period.
Students can enter individually or as a team and have until Friday 15 September 2017 to submit their entry.
Winners will be announced at a ceremony in late October.
Entries are judged on their creativity, quality, ability to communicate a consumer message and relevance to their audience.
Officers from the Office of Fair Trading will also be visiting schools across Queensland to give presentations on a range of consumer topics including budgeting, debt and avoiding scams.
Schools can book a presentation for students, get competition resources and find details on how to enter at www.qld.gov.au/buysmartcomp.