Author(s)

Long Bai

Corresponding Author

Long Bai

Abstract

The aim of this study is to analyze the financial models that promote financial inclusion among remote communities in Australia. For this purpose, the study utilizes a Systematic Literature Review (SLR) approach via a PRISMA framework. The findings reveal a significant gap in literature. However, it also establishes the importance of digital finance, followed by fintech and then microfinance in promoting financial inclusion. Although it is crucial for future scholars to focus more on this realm of study, the existing literature provides valuable insights. It also establishes the significance of financial and digital literacy along with balanced regulatory frameworks to ensure that the benefits of the inclusion instruments manifest. Therefore, overall, it provides insights for policymakers and suggests on how to improve the financial landscape in Australia.

Keywords

Financial Inclusion, Remote Australian Communities, Digital Finance, Fintech, Microfinance