About Saver Plus

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 and camps, sports fees, laptops and more.

Already more than 5000 Tasmanian families have benefitted!

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

Saver Plus was developed by Brotherhood of St Laurence and ANZ in 2003 and is delivered in Tasmania by The Smith Family. It is funded by the Australian Government Department of Social Services and ANZ.

 Is Saver Plus suitable for families at your school?

 To be eligible to join Saver Plus, parents must:

 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;
• themselves or their partner have some regular income from work (including casual, part-time, full-time, informal/cash or seasonal employment), or from Child Support payments or Carer’s Allowance; and
• have a child enrolled at school (or enrolled to start school), or attend vocational education themselves.