What is the DDF?

The Diocesan Development Fund (DDF) plays an important support role within the Church.

The DDF was established in September 1988 by Bishop Bede Heather and continues to operate to help parishes, hospitals, schools, aged care facilities, religious congregations and other Church related organisations effectively manage their financial resources to better promote the Mission of the Church.


Provide a source of finance and credit for capital expenditure in the works of the Church

Provide funds for welfare and pastoral programs in the Catholic Diocese of Parramatta

Provides financial services to Catholic organisations Australia wide

We adhere to these ideals by providing financial services to catholic organisations in the Diocese at a level and a value that is not generally available in the commercial world. We base our service on personal and individual attention and knowledge of our customers needs.

Since inception the DDF has provided over $355.6 million in loans to finance facilities for worship, education and other needs of the Church. In addition surpluses totalling $101.3 million have been provided to the Bishop to finance essential pastoral programs within our Diocese.

All involved share the benefits of the Fund’s operation. For every dollar earned from its loans and investments: (Year ended 30 June 2017)
cents was paid in interest to our depositors
cents was distributed to the Diocese
cents was used to meet operating costs
cents was drawn from Reserves for distribution to the Diocese


Here at the DDF we strive to provide a source of finance and credit for capital and other expenditure in the work of the church, primarily in the Diocese of Parramatta, and to provide funds for and carry out activities which are in-keeping with the Church’s proper objectives.

We achieve success by:
Our dedication to exceed client expectations.
Providing products relevant to our clients’ needs.
Our commitment to financial integrity and cost-effectiveness.
Our complete belief in the importance of our work in the Diocese.
Diocesan Development Fund Catholic Diocese of Parramatta


The DDF’s personnel are a team who understand the Church and are committed to providing high quality and personalised service.


General Manager


Investment Analyst


Head of Finance & Investment


Customer Consultant


Head of Lending & Operations

DDF Investment Advisory Committee

Correspondence for the DDF Investment Advisory Committee should be sent to: The Diocesan Development Fund, PO Box 2605, North Parramatta NSW 1750.


(ex officio member)







The Diocesan Development Fund Catholic Diocese of Parramatta (DDF) (the Fund) is required by law to make the following disclosure. 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. 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). 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 Parramatta and for whom the consideration of profit are not of primary relevance in the investment decision.  The investments that the Fund offers are not subject to the usual protections for investors under the Corporations Act (Cth) or regulation by Australian Securities and Investments Commission. Investors may be unable to get some or all of their money back when the investor expects or at all and any investment of the Fund are not comparable to investments with banks, finance companies or fund managers. The Fund’s identification statement may be viewed at https://parracatholic.org or by contacting the Fund.  The Fund does not hold an Australian Financial Services Licence.

Updated November 2018

Privacy Policy

The Diocesan Development Fund Parramatta (DDF) is committed to providing you with the highest level of customer service. We are also committed to respecting the privacy of our clients. Personal information is collected, held, used, corrected, disposed of or transferred in accordance with the National Privacy Principles and Privacy Act 1988 as amended. This includes safeguarding your privacy.

The DDF collects personal information to assess your application for an account, provide you with the service you have requested, and to aid in any future applications that you may make for accounts and services. The DDF may also use your personal information to carry out marketing activities and to assist in customer surveys for product development.

Policy principles
Our Privacy Policy states that we will:

  • Only collect information that is necessary for what we do.
  • Be fair in the way we collect information about you.
  • Tell you whom we are and what we intend to do with the information about you.
  • Only use and disclose information about you in ways that are consistent with your expectations or are required in the public interest.
  • Ensure that information about you is accurate when we collect or use it.
  • Keep information about you secure.
  • Advise you about the type of personal information we hold and what we do with it.
  • Wherever possible, let you see the information we hold about you and correct it if it is wrong.
  • Limit our use of identifiers that government agencies have assigned to you.
  • Obtain consent for the collection of highly sensitive information about you.

Personal Information
The DDF will do everything we can to meet these principles but if we do not please tell us and we will try and resolve any problem you may have.

The DDF holds personal information such as your Tax File Number, your personal contact details and financial information. An explanation of this personal information is as follows:

  • Tax File Number (TFN): The Purpose of collecting your TFN is for passing on to the Australian Taxation Office (ATO) when annually notifying interest details
  • Personal Contact Details: Name, address and date of birth to establish your DDF account
  • Personal Identification Details: Passport, Birth Certificate, Citizenship Certificate, Drivers License, Financial Institutions account numbers, store or club membership numbers, Medicare number
  • Financial Information: Balance of your accounts together with details of withdrawals and investments transacted on your account

The primary purpose of the information you provide to the DDF is used to establish you as a client of the DDF and provide services from the DDF to you. If you do not provide us with the information requested, or consent to disclose the information as outlined above, we may not be able to offer you the service you have requested.

Personal information collected by the DDF may be passed onto certain third parties in the ordinary course of activities of the DDF. Examples of the types of organizations to whom it may be necessary to disclose your personal information include: Australian Taxation Office, Auditors of the Diocesan Development Fund, Melbourne CDF (Catholic Development Fund) who maintain our computer operating system.

Your personal information may be used for direct marketing purposes by the DDF only, and you may receive information relating directly to your account and new products and services the DDF may be offering. You may also access, correct or update your personal information at any time. Should you wish to do so please contact the DDF on (02) 8839 4500.

Notifiable data breaches scheme

In the event of any loss, or unauthorised access or disclosure of your personal information that is likely to result in serious harm to you, the Diocese of Parramatta will investigate and notify the Australian Information Commissioner and you as soon as practicable, in accordance with the Privacy Act 1988.


If you have an enquiry, complaint or concern about possible breach of privacy, please contact:

General Manager
Diocesan Development Fund
Post Office Box 2605
North Parramatta NSW 1750
Telephone: (02) 8839 4500
Facsimile: (02) 9683 6438
Email: enquiries@parraddf.org.au

If you are not satisfied with our response, you may refer your complaint to the Office of the Australian Information Commissioner.


The information on this site is provided in good faith by the Diocesan Development Fund Catholic Diocese of Parramatta (DDF). Information on this site may be changed without notice.

The DDF provides no warranties, representations or assurances that the information contained on this site or any linked sites is current, up to date, complete or accurate. Users of this website do so at their own risk.

Any advice provided on this website does not take into consideration your objectives, financial situation or needs, which you should consider before acting on our information. You should read and consider our Disclosure Statement  before deciding whether to acquire any product or service.

Before relying on any information on this site or any linked sites, users should make their own inquiries to the relevant organization.

The DDF expressly disclaims all liability and responsibility for any information on this site (whether express or implied) or any linked sites or for any damage to a user’s computer, software or data as a result of or in connection with the user’s access to this site or to any site linked to this site.

Important Security Information

  • Ensure your computer has up to date security software before using CDF Online. This requires the use of a personal firewall together with anti-virus, anti-spam and anti-spyware software which should be regularly updated.
  • Your computer should allow for automatic updates to occur where possible, including Windows or Microsoft updates.
  • When entering your personal information always check that you are on a secure site as shown by a padlock image on the web browser page.
  • Protect your access details.
  • Passwords should be hard to guess and always kept confidential. Change your password regularly.
  • Never logon to an online site by clicking a link embedded in an email.
  • Avoid using shared computers at public places, such as Internet cafes, for any online transactions.
  • Be wary of any email from someone you do not know or trust. Delete without opening any emails you think are suspicious.
  • Never provide personal details including bank account details or passwords in response to an email. Phishing e-mails are those sent to your e-mail address in an attempt to steal your personal information. These authentic-looking messages appear to come from banks, other financial institutions and legitimate businesses, but are designed to lure recipients into divulging personal data such as bank account numbers and passwords when you attempt to logon. Often, the phishing email will use tricks to get you to lower your guard, for example, by falsely claiming that you need to provide your personal data for security upgrades, false charges, late payments or phoney investigations.