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    Coat of ArmsMedia Release
    Attorney-General and Minister for Justice and Minister for Training and Skills
    The Honourable Yvette D'Ath

    Competition sparks next generation of smart consumers

    Attorney-General and Minister for Justice and Minister for Training and Skills
    The Honourable Yvette D'Ath

    Thursday, November 03, 2016

    Competition sparks next generation of smart consumers

    The next generation of canny consumers has made its move into the spotlight, thanks to the Queensland Office of Fair Trading’s 2016 Buy Smart Competition.

    The winning students, along with their schools, shared in over $11,000 in cash prizes, when their names were announced by Attorney-General and Minister for Justice Yvette D’Ath in a ceremony at Parliament House today.

    Mrs D’Ath said the competition was a fun way to encourage an understanding of consumer rights among a younger generation, and helped to instil sound financial management principles in the face of increasing exposure to advertising.

    “Young people have considerable purchasing power, are increasingly independent and invariably find themselves at the forefront of a changing marketplace,” Mrs D’Ath said.

    “A grounding in basic consumer and financial knowledge from a young age is now more important than ever.”

    “Having access to information, as the Buy Smart Competition has given them, will assist these young consumers in future purchases by teaching them about the pitfalls of excessive spending.

    “I applaud all the entrants for not only thinking creatively about their consumer rights, but also for standing up and encouraging more mature consumers to connect with them.

    “The magnificent entries received reinforce that Queensland students are on the ball when it comes to being clever consumers.”

    The competition, open to students from years 4 to 12, encouraged young consumers to research a financial or consumer issue and present their findings in an innovative way.

    Approximately 2,500 students from schools across Queensland participated in this year’s competition and the Office of Fair Trading received nearly 700 entries on topics including budgeting, online shopping, how to spot a scam and using credit cards wisely.

    The creative entries ranged from music videos, a board game and a handcrafted layer-cake depicting the perils of pyramid schemes.

    A full list of this year’s winners can be found at www.qld.gov.au/buysmartcomp.

    Teachers who are interested in the competition, now in its 15th year, are encouraged to check the website for information to get a head start for 2017.  The information available includes teachers’ resources and activities mapped to the curriculum across several areas including maths, business, ICT and studies of society and environment. 

    For information on consumer rights and responsibilities visit www.qld.gov.au/fairtrading or call 13 QGOV (13 74 68).

    Media Contact: 0417 272 875