Regulatory Requirements

Disclosure Statement

The Catholic Development Fund (CDF) has adopted this privacy policy pursuant to the Privacy Act 2000. Our members' privacy has always been of upmost importance to the Fund and prior to the Act being legislated the CDF had measures in place to ensure the privacy of our members' personal information. The Fund will continue under the new Privacy Act to ensure that all members' personal details are kept confidential and secure.


Personal Information

The CDF collects the following personal information from its members - name, address, date of birth, gender, tax file number and 100 points of acknowledged identification. The Fund needs this information to maintain their records in a format that allows them to identify their members. Without this information the Fund could not operate properly and it would be impossible to provide members with the necessary level of service they require. Indeed, the Fund may not be able to provide members with products and services at all without this information.


Collection of Personal Information

The above information is generally collected when a member opens an account using an account application form. Occasionally the Fund may ask members to update their personal information to ensure their records are accurate.


How The Fund Uses Personal Information

Your personal information is only used to provide you with the products and services you've requested from the Fund. It will only be used for the purposes for which you tell the CDF it can be used, or to contact you to respond to your needs or enquiries.


Transfer of Information

Your personal information will be treated with respect and will not be provided to any individual or organisation unconnected with the CDF without your express written consent, unless we are required by law to do so. Sometimes a member's personal information may be transferred to or handled by:

  • The Fund's auditors;
  • Government bodies, such as the Australian Tax Office;
  • The member's accountants, solicitors or other professional advisers they have authorised to act on their behalf.

The Fund does not sell or rent out any of the personal information it holds and protects the security of that information in accordance with regulatory requirements.


Access to Personal Information

You have a right to access your personal information at any time. You may also request that the Fund update your personal information if it is ever inaccurate or incomplete.


Resolution of Privacy Concerns

If you wish to gain access to your personal information, raise a concern or lodge a complaint about the Fund's privacy policy, please put your request in writing and mail it to:

The Fund Manager
Catholic Development Fund
PO Box 765

Privacy Policy

Investments with the Catholic Development Fund (CDF or the Fund) are guaranteed by the Bishop of the Maitland-Newcastle Diocese. CDPF Limited, a company established by the Australian Catholic Bishops Conference, has indemnified the Fund against any liability arising out of a claim by investors in the Fund.


We welcome your investment with the CDF rather than with a profit-oriented commercial organisation.  Investments in the Fund are intended to be a means for investors to support the charitable, religious and educational works of the Catholic Diocese of Maitland - Newcastle and for whom the consideration of profit are not of primary relevance in the investment decision.


The CDF is not prudentially supervised by the Australian Prudential Regulation Authority nor has it been examined or approved by the Australian Securities and Investments Commission. Therefore, an investor in the Fund will not receive the benefit of the financial claims scheme or the depositor protection provisions in the Banking Act 1959 (Cth).


Furthermore, investors should be aware that neither the Fund nor the Trustees of the Roman Catholic Church for the Diocese of Maitland - Newcastle is subject to the normal requirements to have a disclosure statement or Product Disclosure Statement or be registered under the Corporations Act 2001 (Cth). 

Hardship Policy

Download the Hardship Policy (Word document).