The initial impact of a matched savings program: The saver plus progam

Russell, R, Brooks, R, Nair, A and Fredline, E 2006, 'The initial impact of a matched savings program: The saver plus progam', Economic Papers, vol. 25, no. 1, pp. 32-40.


Document type: Journal Article
Collection: Journal Articles

Title The initial impact of a matched savings program: The saver plus progam
Author(s) Russell, R
Brooks, R
Nair, A
Fredline, E
Year 2006
Journal name Economic Papers
Volume number 25
Issue number 1
Start page 32
End page 40
Total pages 8
Publisher Economic Society of Australia
Abstract A major emphasis in policy focus in recent years has been to promote greater levels of saving and financial inclusion in Australia. A number of studies have identified that low-income households and households with children have lower saving propensities. This paper explores the effectiveness of a particular matched savings program, Saver Plus, in promoting savings amongst lowincome families that are typically at the margin of the financial sector. While noting the limitations of the lack of a formal control group, the results appear to suggest that the Saver Plus program, with its involvement of community groups, a financial education component, and co-contribution arrangements may have been successful in encouraging savings behaviour.
Subject Social Program Evaluation
Copyright notice © 2006. The Economic Society of Australia
ISSN 0812-0439
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