We are here to help retired
Australians Live Well At Home
Household Capital is a specialist retirement funding provider. We have brought together industry experts from a wide range of fields to help solve Australia’s retirement funding challenge.
We provide responsible long term access to home equity to meet the needs of an ageing population. Home equity can be used to top up superannuation, enhance retirement income and improve retirement housing. It can also be used to fund in-home care and support the transition to aged care. Our approach also enables the transfer of home equity between generations to fund first-home buyers deposits and educational expenses.
We have expanded access to home equity by innovating to improve the customer experience. We work with a range of financial advice specialists to provide retirees with the best of both worlds – to continue living in the family home while drawing an income that enables them to Live Well At Home.
To explore how a Household Transfer® might work for you, try our easy two-step calculator.
Josh Funder is CEO and Managing Director of Household Capital. Prior to founding the company in 2016, he was a director of Celladon Inc (NASDAQ: CLDN) and spent over a decade as a partner at GBS, Australia’s largest venture funds management firm.
Josh has served as chairman and director of US and Australian companies including Peplin (ASX: PLI) and Spinifex Inc and is a winner of the AVCAL early stage investment award. He previously worked at Infinity Inc (NASDAQ: INFI) in Boston, and at the Boston Consulting Group in San Francisco. Working with the Clinton Foundation HIV/AIDS Initiative, Josh helped successfully negotiate reduced prices for anti-retrovirals and initiate pharmaceutical supplies across eastern and southern Africa.
Josh is a co-founder, director and former chairman of Per Capita, whose research on longevity and positive ageing formed part of the inspiration for Household Capital. He is also the author of the novel, Watson’s Pier (MUP 2015).
Joshua earned B.Sc. and LL.B. degrees at Melbourne University, an LL.M. degree at the London School of Economics and a D.Phil in intellectual property for biotechnology from Oxford University, where he studied as a Rhodes Scholar.
David leads Household Capital’s capital and actuarial operations. Prior to joining Household Capital, David was the Chief Executive Officer of Endurance Specialty Holdings Ltd [NYSE: ENH]. He joined Endurance Specialty in 2001 and served in a number of roles including Chief Risk Officer, Chief Actuary, President of Endurance Specialty Bermuda and Chief Underwriting Officer.
David has also worked as a consulting actuary at Tillinghast-Towers Perrin in New York and later with Centre Reinsurance, a Zurich Financial Services subsidiary, where he launched Centre Life Finance – Centre Solutions’ senior settlement financing company.
David serves as a director and advisor to a number of international financial organisations. Currently, he is a director of the Bermuda Commercial Bank Limited, a member of the Board of Advisors for the re-insurance investments of Hudson Structured Capital Management, and serves as a current and founding board member of the Bermuda Business Development Agency.
David received an M.Sc. in Mathematics from Oxford University, where he studied as a Rhodes Scholar. He is a Fellow of the Casualty Actuarial Society and a Member of the American Academy of Actuaries.
Paul leads Household Capital’s distribution operations. Paul is an experienced financial services professional having held roles with ASGARD, AXA and NAB. Most recently, Paul led distribution for DST Systems, a financial technology business in Australia.
Paul has spent over a decade developing innovative products and services for the retirement and pension segment in Australia. He was part of the team the brought AXA’s North platform to market, and in his role at NAB, developed MLC’s Investment Protection retirement guarantee product. Paul is an industry leader in the development and provision of variable annuities and retirement income.
Paul is passionate about the need to innovate and develop new solutions for Australia’s retirement sector. He leads partner relations and our go to market strategy alongside distribution partners.
Paul Murray is responsible for Household Capital’s Debt and Equity Partnerships. Prior to joining Household, Paul was Head of Corporate Strategy for Legal & General Investment Management (LGIM), a top ten global investment manager and one of the world’s largest pension managers. Paul has extensive risk management experience, which has been gained in both the investment management and banking sectors, in the United Kingdom and Australia. He has held senior Risk Management roles at firms including LGIM, F&C Asset Management, TwentyFour Asset Management, Rothschild Australia and ANZ Banking Group.
Paul holds a Global EMBA (New York University, HEC Paris, London School of Economics), a Master of Commerce (Hons) (University of Melbourne) and is a member of Chartered Accountants Australia.
Nick was a Senator for Tasmania for 22 years and Federal Minister for Superannuation and Corporate Law, Assistant Treasurer and Small Business Minister. He is currently the Chair of FNZ (APAC), a leading funds management technology company that delivers platform solutions to superannuation funds and other financial service providers.
Nick has worked as a Senior Advisor, Global Pensions and Superannuation for Citigroup and EY, and as an independent director of Spotless (ASX: SPO).
As a member of the OECD Irish Pension Study Group and the Steering group on Social Security at the World Economic Forum, Nick has contributed to the global development of public policy and industry practice in Defined Contribution pension systems. He has served as an adviser to Insurance Ireland on Pension Reform and as Governor of the Pension Policy Institute (UK).
Nick is a Fellow of Australian Institute of Superannuation Trustees and a Graduate of the Australian Institute of Company Directors. He is also Chair of the NGO Youth, Family and Community Connections (Tasmania).
James Tutton serves as Executive Deputy Chair, working across Household Capital’s governance and executive teams. He is a Director of Neometro, a socially focused real estate development group, and Director of Trip Fuser, a travel-tech startup.
James has extensive experience in the property, mental health, arts, education and business sectors. He is director and co-founder of The Plato Project, an online and on-campus business school, and director and co-founder of Smiling Mind, one of Australia’s leading mental health not for profit groups. He is also a Director of the Contemporary Arts Precincts (CAP) – a new not for profit re-purposing of Melbourne’s Collingwood TAFE site into a large multi-disciplinary artistic community.
James established the Moonlight Cinema in Melbourne in 1996. He holds a Bachelor of Arts (Philosophy) and is a published author.
Michelene Collopy has over 30 years’ experience in financial markets and has held senior roles in compliance, funds management, treasury and financial reporting.
Michelene is currently Chair of Perpetual Superannuation Limited (FUM $6.5B) and sits as an independent member on their Compliance Committees (FUM$20B). She is a Director of Teachers Mutual Bank (FUM $5B), where she chairs the Audit, Risk and Compliance Committee. Michelene is also a Member of the Council of the University of Technology Sydney and has served as CFO and COO of ASX and AIM listed resources, energy and technology companies.
Michelene is a qualified chartered accountant and financial planning specialist, a registered company auditor, licensed operator on the Australian Stock Exchange, and Justice of the Peace.
Jim is currently Vice Chairman of JP Morgan Securities Australia, covering all areas of the Investment Banking business in Australia. He also holds a number of strategic advisory and principal roles, including Chairman (inaugural) of Infrastructure Victoria and Vice Chairman of Infrastructure Partnerships Australia.
He is a former Executive Director of Macquarie Capital, Head of Macquarie Bank’s ANZ Infrastructure Business and Member of the Macquarie Capital’s Australian Management Committee. He was also a member of Macquarie Group’s Asset and Liability Committee leading up to the financial crisis. During the course of a 21-year career at Macquarie, Jim led over $120b of transactions. His experience was primarily in the infrastructure sector, but also spanned the property, telecommunications, media, technology, finance, industrials and resources sectors.
Jim lived in various parts of the world during his time at Macquarie and led transactions in both an advisory and principal capacity involving counter-parties from ANZ, Asia, North America and Europe.
Jim holds a Masters of Economics from Macquarie University and is a Fellow of the Institute of Actuaries of Australia and a Fellow of the Australian Institute of Company Directors.
Jack is managing director of Integritas Group and Diamond Consulting, providing strategic consulting and marketing services to offshore fund managers. He is chair of the Box Hill Institute, a leading TAFE provider and a director of the Victorian Sports Centres Trust.
Jack was a founding director of Super Member Home Loans (ME Bank) and former chair of Industry Funds Services Insurance Solutions. He is a past director of Emergency Service and State Superannuation Scheme, VIENTO Limited, Victorian Funds Management Corporation, V/LINE Corporation and the Monash University Alumni Taskforce.
Jack held senior management roles at Colonial First State, ANZ Asset Management, Nicholas Applegate (Allianz AM – San Diego), National Mutual Funds Management and National Australia Funds Management.
Jack holds a Bachelor of Arts from La Trobe University and has ten years’ experience in secondary school education. He is a Member of the Australian Institute of Superannuation Trustees and a Fellow of the Australian Institute of Company Directors.
Alastair’s career spans 30 years in the financial services sector across insurance, funds management, financial markets and institutional banking.
Alastair served as General Manager, Financial Institutions Industry Group at CBA, a role spanning banks, insurers, funds management and other diversified non-bank financial organisations, including mortgage originators. In this role, he managed a global team of 70 staff spread across Australia, New Zealand, Asia, the US and Europe. Alastair was integrally involved in CBA’s exposure to the Reverse Mortgage sector supporting Seniors Finance – the largest non-bank business with exposure in Australia, New Zealand, Ireland, Canada and Spain.
In 2007 Alastair headed Project Liberty, reporting directly to CBA EXCO, to investigate the Home Equity Release market and opportunities for the Bank. This included debt and non-debt based solutions for releasing equity from the family home to boost retirement lifestyle. After leaving CBA in 2013, Alastair worked as Chief Manager Investor Capital for Homesafe Solutions, an equity-release business part-owned by Bendigo Bank.
Peter Harris AO is an economist with extensive experience in Australian policy, public service and business. Most recently, Peter was Chairman of the Productivity Commission and instrumental in the research and recommendations in reports such as “The Housing Decisions of Older Australians” (2015), “Competition in the Australian Financial System” (2018) and “Superannuation: Assessing Efficiency and Competitiveness” (2018).
Prior to that, Peter served as Senior Private Secretary to then Australian Prime Minister Bob Hawke, in senior positions in the Commonwealth Department of Transport and later as Vice President in the Ansett/Air NZ group.
He has also served as Secretary of state and federal public service departments including the Victorian Departments of Sustainability and Environment, Primary Industry and Public Transport, and the Commonwealth Department of Broadband, Communications and the Digital Economy.
Peter trained as an economist at Queensland University, graduating in 1975.
Danny Gorog is a Founder of Outware Mobile, a leading mobile software development agency responsible for developing high quality apps for key Australian brands including ANZ, Coles and Transport NSW. In February 2017 Melbourne IT (ASX:MLB) acquired Outware.
Danny is a Director and Board member of Melbourne Symphony Orchestra, Melbourne University Publishing, Telematics Trust and Biteable, a Tasmanian based startup that has created the world’s simplest online video maker.
He is also a recognised technology commentator with regular radio segments on 774 ABC and 1116 SEN. His writing has appeared in various Australian publications including The Age, Herald Sun and BRW.
Danny has a double degree in information technology and marketing, and a post graduate diploma in management from The University of Melbourne.
Professor Bob Officer AM is currently Chair of Acorn Capital and JCP Investment Partnership, and on the Boards of infrastructure group CP2 and the Colonial Foundation.
Bob has served as Chairman of Victorian Funds Management Corporation, Chair of Victorian WorkCover Authority, as a director of Transurban Ltd, Bank of Melbourne, Transport Accident Commission, and on the Investment Committee of UniSuper. He Chaired the Commissions of Audit for the Kennett and Howard governments. Bob is a former director of the Over Fifty Group Ltd, a financial service provider to senior Australians, and a director of the Committee for Sustainable Retirement Incomes.
Bob is Emeritus Professor, The University of Melbourne (Professor of Finance at Melbourne Business School from 1986 to 2002). After completing a Masters Degree in Agricultural Economics, he completed an MBA and PhD at the University of Chicago. He returned to Australia in 1971, initially to the University of Queensland, after which he held Chairs at Monash and Melbourne universities. He has also been a visiting professor at the universities of Stanford, Wharton and Rochester.
His recreational pursuits include farming in North East Victoria, where he breeds Wagyu cattle.