Saver Plus

The Smith Family celebrate the release of the 2024 Saver Plus Impact Report

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.

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 help with education costs.

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What Is Saver Plus

Saver Plus is a free financial education program for people on lower incomes. Saver Plus helps people to develop life-long savings habits.

Free 10 month saving program

Learn to save regularly to develop life long savings habits

Savings matched up to $500

Receive up to $500 for education costs for you or your children

Build money management skills

Savings tips, Budgeting skills, Goal setting, Needs vs wants, Banking, Superannuation, Debt and Credit cards

Offered Australia wide

Saver Plus is delivered online. Eligible participants can complete the program from anywhere in Australia that has an internet connection.

To be eligible for Saver Plus

You must have all of the following:

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
Agree to join in free online financial education workshops

* Many types of income and Centrelink payments are eligible, see the Saver Plus terms and conditions for more information.

How it works

Saver Plus Stories

Saver Plus is about more than saving. It’s about giving people the knowledge, confidence and support to gain control over their finances and embrace new opportunities.

Join the Saver Plus Facebook Page, follow Saver Plus on Instagram or click the stories below for more information.

Saver Plus Stories

Cassie is a single mum of five from Tasmania who joined Saver Plus in 2019 because she wanted to save for her kids’ school costs.

Gishan studied Mechatronics Engineering at Monash University and decided to join Saver Plus after hearing about the program from friends.

Mimi from Hurstville first discovered the Saver Plus program 11 years ago when she was studying at TAFE NSW and wanted to save up for a laptop.

Program Benefits

An independent 2018 RMIT University report, Saver Plus: Pathways to Wellbeing found participants:

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Build lasting saving habits

87% participants continue to save the same amount or more 3 to 7 years after completing the program

Are better prepared for unexpected expenses

82% participants were more aware of where to get help with financial decision-making

Stay in control

80% had more control over their finances

Improved personal wellbeing

100% experienced increases in life, financial and employment satisfaction, whilst 88% reported increased self-esteem

My Saver Plus Story

Saver Plus equips people on lower incomes with the tools they need to gain financial control and embrace new opportunities.

The nationwide, online program is run by organisations and individuals who are caring and compassionate. They empower people to strengthen their financial skills with practical, realistic knowledge and information.

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Saver Plus was developed by ANZ and social justice organisation the Brotherhood of St Laurence (BSL).
It is delivered in partnership with not-for-profit organisations The Smith Family, Berry Street and BSL.
ANZ and the Department of Social Services fund it.