Mathematics / Year 5 / Number and Algebra / Money and financial mathematics

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Curriculum content descriptions

Create simple financial plans (ACMNA106)

Elaborations
  • creating a simple budget for a class fundraising event
  • identifying the GST component of invoices and receipts
General capabilities
  • Literacy Literacy
  • Numeracy Numeracy
  • Critical and creative thinking Critical and creative thinking
ScOT terms

Budgeting

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2 direct matches to ACMNA106

Video

Mixed Up Maths, Ep 12: Super Cyril's circus supplies

  • TLF-IDM018748

Do you know how to draw up a budget? Find out how it's done. In our example our host is throwing a circus party and has $100 to spend. See how he plans to spend the money. Throw in a few discounts of 10% and 50% and look what he can afford. Does he mange to stick to his budget?

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Video

BTN: What is the GST?

  • TLF-IDM021150

The Goods and Services Tax (GST) is a tax placed on things people buy with money or things people do for money. Can you name some goods and services that have GST? What about some goods and services that don't have GST? Find out when and why the GST was first introduced.

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