Saver Plus is a 10 month financial education and matched savings program that assists families to gain financial skills, establish a savings goal and develop long term savings habits. As an incentive to save, participants receive up to $500 in matched savings when they complete the program which can be used for educational costs such as computers and tablets, text books and uniforms.
Saver Plus is an initiative of the Brotherhood of St Laurence and ANZ, delivered in partnership with The Smith Family, Berry Street, The Benevolent Society and other local community agencies. The program is funded by ANZ and the Australian Government, with ANZ providing matched savings for participants.
Set up in 2003 to encourage saving for educational expenses, Saver Plus is now offered by a range of community agencies in 60 communities across all states and territories in Australia.