Paul Clitheroe

So there's stacks of resources out there for teachers.

But the honest answer is it's patchy, James.

And it's not as simple as we may think.

Though 320,000 teachers some years ago, Julia Gillard gave a special grant of $10 million to train teachers.

It costs around about $1,000 for a two-day program.

So with your $10 million, you've actively trained 1,000 teachers, 319,000 to go.

No, kids who want to have natural home and natural – look, some kids love football, some kids – money is clearly of more interest than some kids to other – research shows that very clearly.

But the point here is it's one of the reasons why people say, but in a humanities subject like English, how is a teacher doing something about money in English?

Well, a really interesting problem for a family who's not particularly financially literate, and there's plenty around, okay?

One of the reasons we're doing financial literacy in English, for example, is in English people

You can do spelling words like spell compound interest.

You can put money into... So what we've got here is not just a numeracy skill, James.

What we've got here for many Australians, and I think most of the listeners today are going, what's he banging on about?

Let's call the language of money Mandarin for a moment, if you like.

We all speak this money language called Mandarin.

It is as difficult as Mandarin.

It's a very sophisticated language.

It's not easy to learn.

And the trouble is, if you are fluent in my money Mandarin,

When people are speaking to you in money Mandarin, you understand it.