|
ANZ's programs focus on responding to major social issues that involve the financial services industry, such as financial literacy and inclusion. Our programs are delivered in partnership with community organisations and provide opportunities for our staff to support causes that are important to them.
|
|
|
|
ANZ has made a commitment to respond to the issues of financial literacy and inclusion. Our Saver Plus, MoneyMinded, MoneyBusiness, Progress Loans and Community Development Finance programs are leading the way in building the financial skills and knowledge of those who are most in need. Read more about or focus in the 2007 Corporate Responsibility Report.
|
 |
|
|
|
Saver Plus is a financial literacy and matched savings program assisting people on low incomes to improve their financial knowledge, build a long-term savings habit and save for their education purchases. Since the program started in 2003, we have helped 2,247 people save a total of $1,943,424. ANZ matches every dollar saved by participants up to $1,000 on completion of the program. We aim to help another 1,500 people in 2008. An RMIT evaluation of Saver Plus demonstrates the program's ongoing success finding 75% of participants continue to save the same amount or more, 12-24 months after completing the program.
|
|
|
|
MoneyMinded is an adult financial education program developed to assist people, especially those on low incomes, build their financial skills and make informed decisions about their money. The program provides unbiased consumer education and is delivered by community educators and financial counsellors through group workshops and one-on-one sessions. MoneyMinded is also available online for more convenient access. In 2007 more than 20,000 people participated in MoneyMinded and our goal in 2008 is to reach 30,000 people.
|
|
|
|
MoneyBusiness is an innovative program delivered in partnership with the Australian Government Department of Families, Housing, Community Services and Indigenous Affairs, to build the money management skills and confidence of Indigenous people. The program is delivered in six remote sites in the Northern Territory and Western Australia, with the aim of providing coaching in financial literacy, budgeting, bill paying and developing savings plans.
|
|
|
|
Research commissioned by ANZ and conducted by Chant Link and Associates found that many Australians are struggling to access 'mainstream' banking. Community Development Finance is an umbrella term encompassing programs that aim to address financial exclusion. ANZ has committed to deliver a range of Community Development Finance programs to assist people facing financial hardship.
|
|
Progress Loans gives people on low incomes access to loans of between $500 and $3,000 to pay for essential household items such as white goods. ANZ and the Brotherhood of St Laurence have developed the program which provides opportunities for people with limited access to mainstream credit, take out small loans.
|
|
|
|
ANZ offers three types of Community Giving – staff, customer and shareholder. Community Giving enables ANZ to support different charities by offering people a range of donation options. In 2007, over $2.5 million was donated to charitable organisations through this program.
- By Staff: through regular payroll deductions to one or more of 25 charities with donations matched dollar-for-dollar by ANZ up to $1,000 per person and $1 million each year;
- By Customers: through online banking, customers are able to donate to one of 30 charities conveniently and directly from their account; and
- By Shareholders: through the Dividend Donation Program, giving the opportunity for shareholders to elect to donate some or all of their cash dividend entitlements to a nominated charity. ANZ is the first Australian company serviced by the major share registries to offer shareholders the opportunity to donate their dividends to a choice of charities.
|
|
|
|
The ANZ Volunteers program offers all ANZ staff the equivalent of at least one day's paid leave to contribute their skills to community organisations. More than 7,000 staff in Australia, New Zealand and India volunteered over 73,000 hours during 2007 to work with many different local charities.
|
|
|
|
The ANZ Community Fund enables staff working in ANZ branches to provide support to unique, local causes. Through the Fund, local markets can offer in-kind support such as volunteering, access to business networks, in-branch promotions or expertise, in addition to financial assistance. This means the ANZ Community Fund is about building relationships and earning community trust, rather than merely donating money.
|
|
|
|
Since 2001, ANZ has funded the Seeds of Renewal program offering small grants to local communities. The program is undertaken in partnership with the Foundation for Rural and Regional Renewal. In 2007, Seeds of Renewal has focused on supporting projects that help small rural communities affected by drought. ANZ has contributed $451,800 to the program with 280 projects receiving grants during 2007.
|
|
|
|
You need Adobe Reader to view PDF files. You can download
Adobe Reader free of charge.
|
top