Saver Plus

Saver Plus is a matched savings and financial education program, offered locally by community organisations in every state and territory.  

A mother and child do homework on a lap top

Saver Plus assists individuals and families on lower incomes to build assets and improve financial capability, and has supported thousands of lower income earners to develop a lasting savings habit.

Saver Plus offers:

  • up to $500 in matched savings for education costs
  • fun, free and informal financial education workshops
  • assistance and support from a Saver Plus coordinator to establish a savings goal and develop a savings habit.  

Participants make regular deposits towards a savings goal over a 10-month period and attend workshops to build their financial management skills. When participants reach their savings goal, ANZ matches the amount – up to $500 – towards education costs including uniforms, text books, laptops, sports equipment, music tuition, TAFE or apprenticeship costs, and much more.

Who is eligible?

You may be eligible to join Saver Plus if you: 

  • have a Centrelink Health Care Card or Pensioner Concession Card
  • are at least 18 years old
  • have some regular income from work (you or your partner) including casual, part-time, full-time or seasonal employment 
  • have a child at school or attend vocational education yourself.

Contact us

Phone 1300 610 355
SMS your name and postcode to 1300 610 355
Email saverplus(at)bsl.org.au

History

Established in 2003 to encourage saving for education expenses, Saver Plus is now offered in more than 60 communities across Australia. More...

Saver Plus, is Australia’s largest and longest running financial education and matched savings program. Since 2003 over 32,000 Saver Plus participants have saved more than $17.3 million, with ANZ matching $14 million for education expenses.

Partners

Saver Plus is an initiative of Brotherhood of St Laurence and ANZ, and delivered in partnership with Berry Street, The Benevolent Society, The Smith Family, and other local community organisations. Read more...

Saver Plus is delivered in partnership with Berry Street, The Benevolent Society, The Smith Family, and other local community organisations including Anglicare SA, Bethany, Ballarat Group Training and Jewish Care Victoria.

The program is funded by ANZ and the Australian Government, with ANZ providing matched savings for participants.

Awards & Research

Saver Plus has been acknowledged as one the most internationally successful matched savings programs with various awards. Read more...

Saver Plus has won:

  • the Prime Minister’s Awards for Excellence in Community Partnerships 2006 and 2007
  • Best Socially Responsible Product in Money Magazine’s Best of the Best 2008 awards
  • and the Outstanding Achievement Award in the Community category MoneySmart Week 2012.

Findings from Saver Plus
Read the RMIT research report Saver Plus: a decade of impact (PDF file, 817 KB) by Roslyn Russell and Mark Stewart 2015.

Read the latest impact report Saver Plus Report 2016 (PDF, 1.9MB)

Saver Plus, is Australia’s largest and longest running financial education and matched savings program. Since 2003 over 32,000 Saver Plus participants have saved more than $17.3 million, with ANZ matching $14 million for education expenses.

Saver Plus is delivered in partnership with Berry Street, The Benevolent Society, The Smith Family, and other local community organisations including Anglicare SA, Bethany, Ballarat Group Training and Jewish Care Victoria.

The program is funded by ANZ and the Australian Government, with ANZ providing matched savings for participants.

Saver Plus has won:

  • the Prime Minister’s Awards for Excellence in Community Partnerships 2006 and 2007
  • Best Socially Responsible Product in Money Magazine’s Best of the Best 2008 awards
  • and the Outstanding Achievement Award in the Community category MoneySmart Week 2012.

Findings from Saver Plus
Read the RMIT research report Saver Plus: a decade of impact (PDF file, 817 KB) by Roslyn Russell and Mark Stewart 2015.

Read the latest impact report Saver Plus Report 2016 (PDF, 1.9MB)

Find out more about the work of the Brotherhood
Brotherhood Books
Brotherhood of St Laurence Communtiy Stores
BROCAP
Hippy Australia
Given the Chance

The Brotherhood of St Laurence acknowledges and recognises the Traditional Owners of the land upon which we live and work, and we pay our respects to their Elders both past and present.