Pink piggy bank sitting on an array of gold and silver coins

Money matters

Given appropriate support, people on low incomes can save, build assets and repay debt. At the Brotherhood we believe it is essential that low-income earners are included in the economic life of the nation, with access to affordable, appropriate financial services. 

The Brotherhood is assisting Australians to actively manage their money by offering saving and education programs.

Home Energy Efficiency Upgrade Project (HEEUP)

HEEUP assists Victorian households, living on lower incomes, to upgrade their hot water system to a new more efficient system. In doing so, HEEUP should help low-income households become more energy efficient. 

Saver Plus

Saver Plus assists families on low incomes to develop a savings habit, build assets and improve financial capability. When they reach their goal, ANZ matches their savings, dollar for dollar, up to $500.


Developed by ANZ, MoneyMinded is an adult financial education program designed to help people make informed decisions about their money.

No Interest Loan Scheme (NILS)

The Brotherhood of St Laurence is a provider of the No Interest Loan Scheme (NILS) which is coordinated by Good Shepherd Microfinance. The Brotherhood currently operates NILS in the Frankston and surrounding areas.

The joint small loans program, Progress Loans, between the Brotherhood and ANZ has concluded. Existing loans are not affected but no new loans will be offered.

Research about money matters

Our research about money matters focuses on increasing disadvantaged Australians' access to affordable, appropriate financial services.

Useful links

View a list of useful links here.

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Brotherhood stories


Sending a child to school is expensive when you factor in uniforms, books, equipment and camps. Bernadice, 42, has five children, four of them at school, so her family’s education costs are particularly high.


Steve, 42, was made a ward of state at five, lived in homes, moved in and out of foster care, somehow finished Year 10 and was apprenticed to a butcher – a ‘terrific job … good people – it was all good. It taught me all about meat, presentation, commercial skills’.

With an upcoming school camp, karate lessons and education costs to pay for, Somaly, a single mother of two, needed to develop a savings habit. After completing the Saver Plus program in July 2011, Somaly saw the value in saving.

Find out more about the work of the Brotherhood