The Saver Plus: A decade of impact report was recognised in the ‘Research’ category for making a significant contribution to the evaluation of a financial literacy program. Compiled by RMIT University for ANZ and the Brotherhood of St Laurence, the report tracked the social and economic impact of Saver Plus over a decade. The research found that after completing Saver Plus, participants have increased financial capabilities, financial selfefficacy and financial resilience, and improved personal and social wellbeing.
ANZ’s MoneyMinded online program won the ‘Large Program’ award as an educative general money management program delivered across Australia. Launched in 2014, MoneyMinded online builds upon the success of the face-to-face program which has been delivered by community organisations since 2003. Last year, MoneyMinded reached 39,000 people across the country and in total has had more than 360,000 participate from across Australia, New Zealand, Asia and the Pacific since 2003.
ANZ CEO Australia Mark Whelan said: “These awards acknowledge the results we’ve seen from our long-term investment in improving financial literacy, particularly among vulnerable groups. Importantly they also recognise the hard work from our partners such as the Brotherhood of St Laurence, who help us to deliver programs to the community each year.
“Research continues to highlight that having the ability to save and manage money is critical to building financial wellbeing and resilience – and through the MoneyMinded and Saver Plus programs we are helping people build the skills, knowledge and confidence to better manage their money for the future,” Mr Whelan said.
ANZ also sponsored a ‘Financial Literacy Australia’ award category for the best ‘Targeted Program’ which was awarded jointly to Good Shepherd Microfinance and the ATO.