WHAT IS SAVER PLUS?
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.
The program was developed by ANZ and the Brotherhood of St Laurence in 2003 and is delivered in 60 communities across Australia in partnership with Berry Street, The Benevolent Society and The Smith Family. Local agencies Ballarat Group Training, Bethany and Jewish Care Victoria also deliver the program.
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 do 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 (many Centrelink payments are eligible, please contact your local Coordinator for more information)
Call Cara and Nadene on 0439 935 709 for more info. We’re here to help :-)