state and territory education departments are responsible for implementing the australian curriculum in asic made one of its key priorities the integration of financial literacy in relevant learning areas of the national curriculum in partnership with relevant professional associations and with the support of the australian government financial literacy board asic participated actively in the consultation process on the draft curriculum for mathematics english and science as a result the integration of financial literacy content in these curriculum areas is strengthened for example there is a substrand in the mathematics curriculum called money and financial mathematics for example the content of the draft economics and business curriculum due for ministerial approval in december includes significant content about consumer and financial literacy