Join a savings program that matches every dollar you save, up to $500
Saver Plus is a community organisation that supports parents to provide financially for their children. The program assists parents to save for education expenses by matching their savings dollar for dollar up to $500. Saver Plus is Australia's largest matched savings program. More than 36 000 people across Australia have participated in the program, saving over $18.5 million.
It was developed by Brotherhood of St Laurence and The Australia and New Zealand Banking Group Limited (ANZ) in 2003 and is delivered, in Western Australia, by The Smith Family and Brotherhood of St Laurence.
The Department of Education of Western Australia promotes Saver Plus to families in participating areas and eligible families now have the opportunity to participate in this initiative.
What this means for you:
Saver Plus is a free, ten-month program that provides financial education, budgeting and savings tips, and matches your savings, up to $500, for education costs. Saver Plus can help you:
• build your skills around managing money;
• become a regular saver; and
• reach a savings goal.
Once you finish the program, ANZ will match your savings dollar-for-dollar, up to $500. You can use your matched savings for education-related costs such as computers, laptops and tablets, school uniforms, text books, sports fees and equipment, school excursions and more.