Saver Plus is a free-matched savings and financial education program that matches participants’ savings, dollar for dollar, up to $500, for education costs such as uniforms, books, excursions, sports fees and laptops.

Over 55,000 participants have benefitted from Saver Plus and it would be great to chat with you about how we can work together to inform the families at your school about the benefits of this program.

With the increasing cost of living impacting so many Australian families, helping to ease the financial strain for low-income earners where able, is important to our team at Berry Street. The advice provided through our Money Minded program is intended to not only assist families to achieve their saving goal of $500, but to develop lifelong financial skills and habits as well as build their financial confidence.

About Saver Plus

Saver Plus was developed by Brotherhood of St Laurence and ANZ in 2003 and is now delivered nationally through Berry Street and The Smith Family. The program is funded by the Australian Government Department of Social Services and ANZ.

Participants set a savings goal for education costs, make regular deposits into a savings account over 10 months, and attend financial skills workshops. At the end of the program their savings are matched by ANZ, dollar for dollar, up to $500, to be used for education costs such as uniforms, books, excursions, sports fees, and laptops.

Participants are also supported over the 10 months by one of our dedicated Savings Coaches who will stay connected with the participant to guide them through the program.

Parents are eligible to join Saver Plus if they meet all the following the criteria:

• be over 18 years old.
• have a Centrelink Health Care or Pensioner Concession card.
• be in receipt of an eligible Commonwealth social security benefit, allowance or payment.
• have some regular income from work (themselves or their partner) including casual, part-time, full-time or seasonal employment; and
• have a child enrolled at school (or enrolled to start school) or attend vocational education themselves.