Saver Plus was developed by Brotherhood of St Laurence and ANZ in 2002 to assist families on lower incomes establish a savings habit, become long-term savers and build financial skills, knowledge and confidence.
Saver Plus is a 10-month financial literacy and matched savings program that assists people to build savings for their own or their children’s education and in doing so strengthens their capacity to save.
As part of the program, participants receive one dollar in matched savings for every one dollar they save, up to $500, plus they can access MoneyMinded financial training and personal support and guidance from a trusted community organisation. At the end of the program participants use their matched savings to purchase an education-related goal, which can include items like school uniforms, computers, and text books.
Click here to find out if you're eligible to apply for Saver Plus.
Saver Plus expanded in 2009
Funding from the Australian Department of Families, Housing, Community Services and Indigenous Affairs has enabled the program to expand from 20 to 60 locations in all states and territories in Australia. From 2009 – 2011 the program will reach an additional 7,600 people.
Where to find a Saver Plus program
In New South Wales, The Benevolent Society delivers Saver Plus in the Sydney metro area, Eastern and Inner West Sydney and in the Macarthur region, Hurstville, North Ryde, Orange and Bathurst, and Tamworth. The Benevolent Society now also delivers Saver Plus in Queensland, on the North Gold Coast, in Logan, and in Moreton Bay.
Click here for more information and contact details for Saver Plus in these locations. You can also contact us by email.
For details of Saver Plus in other locations around Australia see this list of Saver Plus sites or visit the ANZ Saver Plus website.
MoneyMinded
In addition to Saver Plus, ANZ has also developed a financial education program called MoneyMinded, which helps people make informed decisions about the use and management of their money. Visit the MoneyMinded website to take the free online education program, find out about workshops or improve your knowledge by using the tools and information on the site.