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March 24, 2025
Catholic Development Fund (CDF) congratulates Bishop George Kolodziej SDS on his ordination and installation as the fifth Bishop of Bunbury. The ceremony took place on March 19, 2025, the Solemnity of Saint Joseph, at St Patrick's Cathedral in Bunbury. Archbishop Timothy Costelloe SDB, President of the Australian Catholic Bishops Conference (ACBC), presided over the ceremony as principal consecrator, and was joined by more than 19 bishops from across Australia, including CDF’s Board Member Most Rev. Anthony J. Ireland, Auxiliary Bishop of Melbourne. Tim O’Leary, CDF Deputy Chair of the Board, and Matthew Cassin, CDF Chief Executive Officer, were also in attendance amongst distinguished guests. Apostolic Nuncio Charles Balvo presented the Papal Bull during the ceremony, which brought together the entire Bunbury Catholic community—clergy, seminarians, acolytes, altar servers, musicians, choir members, Salvatorian priests from across Australia, and representatives from Catholic Education Western Australia Ltd and Catholic Religious Australia. In his poignant homily, Archbishop Costelloe highlighted the significance of Bishop George's middle name being Joseph, noting, "Perhaps today, as we celebrate the Solemnity of Saint Joseph, we might look to him as a model of this tender and compassionate presence to others, a model especially, though not only, for our soon-to-be Bishop George." 
March 12, 2025
Catholic Development Fund (CDF), recently hosted its first Catholic Connect Workshop for 2025 exploring ' Leading with Hope in Uncertain Times.' The event, brought together in partnership with Catholic Social Services Victoria (CSSV) , united Catholic organisation leaders to explore the intersection of leadership, formation, and hope. The workshop's theme aligned perfectly with both International Women's Day and the Jubilee Year theme "Pilgrims of Hope," creating a timely opportunity to reflect on cultivating hope within communities and organisations. The heart of the event featured an impressive panel moderated by Josh Lourensz, Executive Director of CSSV. The distinguished speakers included: Micaela Cronin , the Inaugural Federal Commissioner for Domestic, Family and Sexual Violence, whose career began in social work with organisations like St. Vincent De Paul Society and MacKillop Family Services, Annie Carrett , the Chief of Staff to the Archbishop of Melbourne and first female Chancellor of the Archdiocese of Melbourne, bringing over 35 years of experience within the Catholic Church; and Sr. Joan Healy , a 90-year-old author, activist, and pioneer in family and child support models whose work over five decades continues to influence current practices.
Diocese of Sale 2025 Assembly brings hope, joy and gratitude
February 19, 2025
Two hundred and twenty delegates from Catholic parishes, schools, and organizations across the Diocese of Sale gathered at Federation University in Churchill on February 14, and 15 for a Diocesan Assembly focused on defining the pastoral priorities and actions for the next five years.
January 15, 2025
At the end of 2024, CDF had the privilege of working alongside our clients, Villa Maria Catholic Homes (VMCH), CatholicCare Victoria, MacKillop Family Serivces and Sacred Heart Mission, to spread Christmas joy, hope, and compassion to individuals and families in need. Each year, our clients rely on donations from everyday people, and corporate partners like CDF, to help ensure that the festive season is a time of care and connection across communities. Villa Maria Catholic Homes’ (VMCH) annual Hamper Appeal was their largest yet with 850 hampers distributed to those in need across their network of affordable homes, home care, and disability services. These hampers, filled with essential items and festive treats, brought comfort and joy to those most in need.
By Kristen Sikora April 1, 2024
An exciting, world-class, unique retirement development – funded by CDF – is coming soon to Melbourne’s East. St Clare , on Studley Park Road in Kew, will offer a new standard of living for over 55’s and retirees within 102 premium apartments across the historical site. Thanks to a substantial $185m loan from CDF, Villa Maria Catholic Homes (VMCH) will breathe new life into the long-held 1.4ha site and meet critical demand for retirement housing options across the $200m project.
By Kristen Sikora March 21, 2024
Amidst the vibrant discussions at the 2024 Catholic Social Services Australia National Conference, one overarching theme emerged: the importance of collaboration and social justice within today’s societal framework. Against the backdrop of 'commons, commonality, common good’, over 230 delegates from diverse sectors and faith-based backgrounds across Australia came together to explore innovative ways and approaches to addressing pressing challenges and ways to foster sustainable development into the future.
By Serge Jankovic February 22, 2024
Pictured: Bede and his mother with Brendan Hoy; CDF GM Client Services and Aaron Gupta; CDF Relationship Manager.
By Kristen Sikora January 25, 2024
In one of the most powerful and hard-hitting documents of his pontificate, Pope Francis has challenged humanity to address the “indubitable impact of climate change” on “our suffering planet” that he fears will devastate the lives of people around the world, and particularly the poorest.
By Kristen Sikora January 22, 2024
Mercy Health is expanding its commitment to healthy ageing in the City of Kingston , Victoria, with the development of a new aged care facility, Mercy Place Mentone, with $22m in funding from CDF. Once complete, the new $40m establishment will be home to 128 residents, who will live across 16 small households. Each household will be shared by eight residents, featuring bedrooms with private ensuites, a kitchen, living and dining areas and laundry. The unique care model, characterised by small household living, has a primary objective to enhance resident independence through mission-driven aged care service in the Bayside region of Victoria.
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Disclosure Statement: CDPF Limited, a company established by the Australian Catholic Bishops Conference, has indemnified the Catholic Development Fund ABN 15 274 943 760 (the Fund) against any liability arising out of a claim by investors in the Fund. In practice, this means your investment is backed by the assets of the Catholic Archdiocese of Melbourne. The Fund is required by law to make the following disclosure. Investment in the Fund is only intended to attract investors whose primary purpose for making their investment is to support the charitable purposes of the Fund. Investors’ funds will be used to generate a return to the Fund that will be applied to further the charitable works of the Archdiocese of Melbourne and the Dioceses of Sale, Bunbury and Ballarat. The Fund is not prudentially supervised by the Australian Prudential Regulation Authority nor has it been examined or approved by the Australian Securities and Investments Commission (ASIC). 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). The investments that the Fund offers are not subject to the usual protections for investors under the Corporations Act (Cth) or regulation by ASIC. Investors may be unable to get some or all of their money back when the investor expects or at all and investments in the Fund are not comparable to investments with banks, finance companies or fund managers. The Fund’s identification statement may be viewed here or by contacting the Fund. The Fund does not hold an Australian Financial Services Licence.

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