Member for Capalaba Russell Field has urged students to build real-world money skills as the State Government launched the 2026 Buy Smart competition, offering $15,000 in prizes for Queensland schools and students.
Mr Field said the program was an engaging way to introduce young people to everyday consumer decisions, from budgeting to understanding value at the checkout.
“Budgeting and saving are important parts of life and you’re never too young to start learning about them,” Mr Field said.
“It’s great to see the students here at Coolnwynpin State School take part in the Buy Smart program over a number of years, with more than a thousand students involved in 31 presentations from the Office of Fair Trading since 2019.
“Whether it’s understanding unit pricing at the supermarket or gaining confidence with a big purchase like a new computer, the Buy Smart competition helps teach kids those skills.”
The competition, run by the Office of Fair Trading, is open to students in Years 4 to 12 and encourages creative projects that explore consumer issues and financial literacy.
Entries close on September 18, 2026, with winners to be announced at Parliament House later in the year.
Attorney-General and Minister for Justice and Minister for Integrity Deb Frecklington launched the 2026 program at Coolnwynpin State School, which has been closely involved since 2019.
“The way we use money has changed dramatically over the years and young people now grow up watching their parents shop online and tap their phones to pay for products, so it’s incredibly important that we teach students how to be informed consumers in a modern world,” the Attorney-General said.
“Buy Smart gives kids the tools they need to understand how money works, what their rights are when shopping, and how to spot a scam.
“Last year, thousands of young Queenslanders took part in the program – from Townsville down to the Gold Coast and out west to Boulia – and I’m looking forward to seeing the projects this year’s entrants come up with, as they build their financial and consumer skills.”
Coolnwynpin State School principal Wayne Fletcher said the program aligned with the school’s approach to developing well-rounded students.
“Through the Buy Smart program, we can equip our students with practical foundations to help them navigate the complexities of things like managing money, understanding advertising, and identifying scams,” Mr Fletcher said.
“The program provides engaging, age-appropriate lessons to help our kids protect themselves and their families right now, and in the years ahead.”
The Buy Smart competition is open to all state and private schools across Queensland. Students can enter individually or in groups of up to four.
