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The Catholic Development Fund has been established in this diocese for over 47 years. The Fund is audited annually and produces a yearly set of accounts for the Diocesan Finance Committee. The Fund only lends for Church related projects and all surplus is directed back to Church related charitable works.
Deposits with Catholic Development Fund (CDF) are guaranteed by Bishop Michael Malone, Bishop of Maitland-Newcastle Diocese and CDPF Limited, a company established by the Australian Catholic Bishops Conference for this purpose. We welcome your investment with the CDF rather than with a profit oriented commercial organisation as a conscious commitment by you to support the Charitable, Religious and Educational works of the Catholic Church.
The CDF is not subject to the provisions of the Corporation Act 2001 nor has it been examined or approved by the Australian Securities and Investments Commission. Neither CDF nor the Trustees of the Roman Catholic Church for the Diocese of Maitland-Newcastle are prudentially supervised by the Australian Prudential Regulation Authority; contributions to CDF do not obtain the benefit of the depositor protection provisions of the Banking Act 1959.
CDF is designed for investors who wish to promote the charitable purposes of the Diocese.

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