Saver Plus
About the program
Saver Plus assists families on low incomes to develop a savings habit, build assets and improve financial capability. Participants set a savings goal and receive support and education to help them achieve it. When they reach their goal, ANZ matches their savings, dollar for dollar, up to $500.
Matched savings are then spent on costs relating to participants’ vocational training or their children’s schooling, as education can broaden life chances.
Set up in 2003 to encourage saving for educational expenses, Saver Plus is now offered by a range of community agencies in almost 60 communities across all states and territories in Australia.
Saver Plus is an initiative of the Brotherhood of St Laurence and ANZ, delivered in partnership with Berry Street, The Benevolent Society and The Smith Family and other local community agencies. The program is funded by ANZ and the Australian Government Department of Families, Housing, Community Services and Indigenous Affairs, with ANZ providing matched savings for participants.
The program has been acknowledged as one the most internationally successful matched savings schemes and won Prime Minister’s Awards for Excellence in Community Partnerships 2006 and 2007 and Best Socially Responsible Product in Money Magazine’s Best of the Best 2008 awards.
View Saver Plus research
Who can participate?
Saver Plus is available from 61 locations across Australia (find out where you can join Saver Plus).
You may be eligible to join Saver Plus if you or your partner:
- have a Centrelink Health Care Card OR Pensioner Concession Card
- are at least 18 years old
- have some regular income from work
- are a parent or guardian of a child at school OR are attending or returning to vocational education yourself.
Features
Saver Plus offers:
- up to $500 in matched savings
- fun, informal financial education workshops where participants share money ideas and tips and hear about strategies for planning, budgeting and saving for the future
- assistance and support from a Saver Plus worker, in establishing a savings goal and developing a savings habit.
Partners
We acknowledge the following partners for their valuable contributions to Saver Plus:
Anglicare NT
Anglicare SA
Anglicare WA
ANZ
Department of Families, Housing, Community Services and Indigenous Affairs
Benevolent Society
Berry Street
Bethany Community Support
BGT
Jewish Care Victoria
Haven
The Smith Family
Help us improve
We welcome feedback. Please use the online feedback form.
Contact us
Phone: 1300 610 355
SMS: your name and postcode to 1300 610 355
Email: saverplus@nullbsl.org.au
Website: www.anz.com/saver-plus/
Brotherhood of St Laurence
Saver Plus
Mezzanine Level
145 Smith Street
Fitzroy Vic. 3065
Phone: (03) 9445 2400
Email: saverplus@nullbsl.org.au
Brotherhood of St Laurence
Saver Plus
24–26 High Street
Frankston Vic. 3199
Phone: (03) 8781 5900
Email: saverplus@nullbsl.org.au
Brotherhood of St Laurence
Saver Plus
Craigieburn Centre
120 Hothlyn Drive
Craigieburn Vic. 3064
Phone: (03) 9305 5100
Email: saverplus@nullbsl.org.au
Find out where you can join Saver Plus.