Unit of competency Outline

Date retreived
22/07/2026 10:17 AM AWST

Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.

Provide rural financial counselling services

Provide rural financial counselling services

Unit of competency
National Code
CHCFIN011
State Code
OEO53
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
14/12/2022
View on TGA
State Implementation and Classification
Approved Date
03/07/2023
Field of Education
090513 - Counselling
Original Release Date
03/07/2023
Nominal Hours
60
Description
This unit describes the skills and knowledge required to adapt practice to a rural context, targeting the specific needs of rurally based clients using a structured strengths-based and client-focused financial counselling process.This unit applies to rural financial counsellors who work in agencies that meet the requirements for the Australian Securities and Investments Commission (ASIC) exemptions from a holding a credit licence.The skills in this unit must be applied in accordance with Commonwealth and State or Territory legislation, Australian standards and industry codes of practice.No occupational licensing, certification or specific legislative requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Adapt practice to rural context.
  • 1.1. Identify and respond to the current philosophies, framework and issues that apply in a rural context, including specific work health and safety issues.
  • 1.2. Identify and use models of work that may be applied in the rural sector.
  • 1.3. Recognise and respond to the impact of current and historical social, economic and political factors on clients in the rural sector.
2. Target services to the needs of clients in the rural sector.
  • 2.1. Use approaches that reflect understanding of farms as both businesses and family enterprises.
  • 2.2. Apply knowledge of financial aspects relating to planning and management of a rural enterprise.
  • 2.3. Collect and review information from key stakeholders and representatives.
  • 2.4. Make appropriate referrals using knowledge of local support networks.
  • 2.5. Advocate on behalf of clients in the rural sector where appropriate.
  • 2.6. Support clients in mediation and negotiation with third parties.
3. Ensure personal approach aligns with client needs.
  • 3.1. Demonstrate a commitment to access and equity principles and apply a strengths-based approach in all work undertaken.
  • 3.2. Reflect on and consider own values and attitudes regarding rural financial counselling.
  • 3.3. Adapt own approach to meet individual social, cultural and linguistic needs of clients.
  • 3.4. Respond with sensitivity to clients experiencing stress.
No information
No information
Replaces
State Code National Code Title Type
AWA84 CHCFIN004 Provide rural financial counselling services Unit of competency
State Code National Code Title Type
BIP8 CHC51122 Diploma of Financial Counselling Qualification