Saver Plus

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

Image of a woman sitting at the table with her three young children

Saver Plus logo
ANZ logo

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 can Join?

Participants must meet all of the below criteria: 

  • Be at least 18 years old
  • Have a child at school or attend vocational education yourself
  • Have some regular income from your work (you or your partner)
  • Have a Centrelink, Health Care or Pensioner Concession Card
  • Be in receipt of an eligible Commonwealth social security benefit, allowance or payment*

Contact us

Phone 1300 610 355
SMS your name and postcode to 1300 610 355
Email saverplus(at)bsl.org.au
View the provider list (PDF, 258kb).

* many Centrelink payments are eligible, please contact your local Coordinator for more information


Benevolent Society logo
Berry Street logo
Bethany logo

 

BGT logo
Jewish Care logo
The Smith Family logo

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 36,000 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 local community organisations. It is funded by ANZ and the Australian Government. Read more...

Saver Plus is delivered in partnership with Berry Street, The Benevolent Society, The Smith Family, and other local community agencies – Bethany, Ballarat Group Training and Jewish Care Victoria. The program is funded by ANZ and the Australian Department of Social Services. Go to www.dss.gov.au for more information.

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: pathways to wellbeing (PDF file, 3 MB) by Roslyn Russell, Jozica Kutin and Mark Stewart 2018.

Read the previous 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 36,000 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 agencies – Bethany, Ballarat Group Training and Jewish Care Victoria. The program is funded by ANZ and the Australian Department of Social Services. Go to www.dss.gov.au for more information.

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: pathways to wellbeing (PDF file, 3 MB) by Roslyn Russell, Jozica Kutin and Mark Stewart 2018.

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

The Brotherhood of St Laurence (BSL) acknowledges and understands its obligations under the UN Convention on the Rights of the Child and recognises that all children and young people have the right to be treated with respect and care, and to be safe from all forms of abuse. BSL has a zero tolerance towards child abuse.
Read the official statement signed by the Executive Director.

The Brotherhood recognises the harm that family violence causes and that freedom from violence is a basic human right.
We will support our staff, volunteers, clients and the community if they experience violence.

Find out more about the work of the Brotherhood
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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.

Torres Strait Islander flag, an icon of a traditional headdress on blue, black and green stripes