Saver Plus
Join Australia's longest running financial education and matched savings program. Build financial skills, develop life-long savings habits, and receive up to $500 to assist with education costs.
What is Saver Plus?
Saver Plus is a financial education program for families and individuals on a tight budget to develop life-long savings habits.
How it works
Step 1 Goal
If eligible for the program, set a savings goal with your Coordinator for your education related item(s). Eligible savings goals listed here.
Step 2 Saving
Open an ANZ Progress Saver account and start to regularly save over 10 months
Step 3 Education
Complete our fun MoneyMinded financial education workshops
Step 4 Matching
Reach savings goals and have your savings matched up to $500 by ANZ for education items for you or your children's education expenses
Who can apply
To be eligible for Saver Plus, you must have all of the following:
- Have a Health Care Card or Pensioner Concession Card AND an eligible Centrelink payment*
- Be in school yourself OR have a child in school (can be starting school next year)
- Have regular income from work (either yourself or your partner)*
- Be 18+ years old
* Many types of income and Centrelink payments are eligible, see the Saver Plus terms and conditions for more information
Supporting Australians to save since 2003
Saver Plus is co-funded by the Australian Government and ANZ.
Program benefits
October 2024 Saver Plus Impact Report Saver Plus at 21 – building resilience that lasts (3.9MB PDF)
Highlights from the October 2024 report include:
- 84% of former participants are still saving more than 7 years after completing Saver Plus, including 71% still saving regularly.
- Financial wellbeing scores of participants increased from 35 out of 100 before Saver Plus to 66 out 100 following involvement in the Saver Plus program. (Compared with the average Australian financial wellbeing score of 54 out of 100.)
- 87% of former participants felt more in control of their finances.
- 92% felt more confident generally after achieving their Saver Plus goal.
An independent 2018 RMIT University report, Saver Plus: Pathways to Wellbeing (2.9 MB PDF) found participants:
Saver Plus stories
Over 61,000 people have joined the program, saving over $30M.
Join us on Facebook and Instagram to read more inspiring stories from our participants.
Janet joined Saver Plus when she was newly separated, with two children and a baby on the way.
Read her story
Mimi is a Saver Plus Savings Coach. She first discovered the Saver Plus program 11 years ago when she was studying at TAFE NSW and wanted to save up for a laptop.
Read her story
Hollie is a sole parent of two who heard about Saver Plus not long after her separation.
Read her storyAbout Saver Plus
Established by The Brotherhood of St Laurence in partnership with ANZ in 2003, Saver Plus is Australia’s largest and longest-running financial education and matched savings program. ANZ has matched over $23M for education expenses.
Saver Plus is delivered across Australia by: The Brotherhood of St. Laurence and our delivery partners The Smith Family and Berry Street.
