Since 1936 Cooperative Housing Societies have been the forefront of Australia’s most pressing affordable housing issues and over the years have had a tremendous impact on the revitalisation of Australian cities and neighborhoods. Our Cooperatives have made an important contribution to the financing of housing construction in Australia and have helped give Australia one of the highest home ownership rates in the world.
Cooperative Housing Societies were set up by State Governments to make home ownership available to low-moderate income earners and minority groups. They are not for profit mutuals. Cooperatives are compassionate and ethical lending institutions and are firmly entrenched in the belief that people come before profit. They predominantly lend to low-moderate income earners and families that fall outside of the mainstream banks requirements, and are deep routed in country and regional Australia.
Breez Finance Corporation provides daily loan management and support to Cooperative Housing Societies. We wholeheartedly support the cooperative doctrine that the home is the thread of the family. Our fundamental charter is to assist people to obtain home-ownership and survive the financial hardships that can afflict families.
Housing cooperatives exist for their members' mutual benefit. They share with other cooperatives the values of individual responsibility, mutual help, democracy, equity, and solidarity.