About Us

Our Story

We created the Downsizer Bond to make downsizing easier and to give older Australians the opportunity for a better lifestyle, at a time when they deserve it most. Eligible Downsizers can use our bond to buy their next property with zero cash deposit and start the next chapter of their life, stress-free!

Who we are

Downsizer was created with decades of experience, leadership and knowledge in property, finance and tech industries to meet the needs of downsizers.

By using the Downsizer Bond buyers don't have the stress of trying to obtain bridging finance, draining their savings or giving the bank financial interest in their home with a reverse mortgage.

We believe that today’s downsizers deserve an evolved option that doesn’t compromise their lifestyle or drain their bank accounts.

This is just the beginning!

Our Team

With over 120 combined years in property, finance and technology

Mark Macduffie

CEO & Co-Founder

Digital, data and innovation executive with 29+ years of experience delivering innovation products and solutions in five countries.

Michael Kelly

Co-Founder

Commercial and residential property developer with 35+ years of experience across large developments throughout Australia.

Damian Morgan

Co-Founder

Property, infrastructure and funds management executive with 25+ years of experience delivering projects from inception to completion.

Michael Blythe

Economist in Residence

Former Chief Economist of CBA with 37+ years' experience in economic policy and financial markets. (General Manager Commonwealth Bank, Reserve Bank of Australia)

Phil Verdon

Chief Technology Officer

Senior IT Executive with 30+ years of experience in Australia and Europe. Brings strong experience in strategy, transformation & delivery, commercial acumen, and Strategic Partnership roles.

Sameera Ratnaweera

Chief Strategy & Financial Officer

Business strategy and transformation executive with 22+ years of experience in Australia and Sri Lanka in various Insurance, Ratings, VC & Strategy roles.

Chris Daley

Chief Business Officer

Accomplished banker and digital transformation executive with 30+ years of experience in Australia and the UK in various Trading, Digital Sales, Distribution & Strategy roles.

Sarah Millett

Channel Sales & Support Manager

15+ years’ management experience in the service industry improving operational efficiency, supporting clients and partnerships, and driving business growth implementing various systems and platforms both on-site and online.

Bhavi Popli

Product Analyst

With a background in software development in the banking and finance industry and some time doing cyber security consulting, Bhavi has an unwavering dedication to solve complex real-world challenges. He enjoys delivering innovative, agile, user-centric, and scalable solutions.

Downsizer Media & Resources

The Downsizing Index Report

"This kind of data is valuable for households, governments and developers to identify where the downsizing focus should be as we battle with the current nation-wide housing crisis"

- Michael Blythe - Downsizer

View

"With Sydney's luxury market proving resilient, many buyers are seeing the benefit of investing in a high-end development at affordable prices because downsizing does not mean downgrading."

- Max Kwok, Urban.com.au

View

Downsizing: when, where and why

"The Downsizer Download series has laid out the compelling case for downsizing as a solution to the income and housing problems faced by older Australians."

- Michael Blythe, Downsizer

View

Podcast: Mark Macduffie and Michael Blythe on the downsizer opportunity

"How can Australia’s ageing population free up much needed cash for cost of living, retirement and lifestyle goals? Downsizing is a key solution."

- Mark Macduffie and Michael Blythe, Downsizer

View

How a Downsizer Bond is different and why it’s perfect for buying off-the-plan

"The main options — like bridging loans or renting — don’t work well for downsizers. That’s why we developed the Downsizer Bond."

- Mark Macduffie, Downsizer

View

Buy now, pay later plan for downsizers purchasing off the plan

- Duncan Hughes, Financial Review

View

Downsizer closes A$3.75m seed round

"Downsizer closes A$3.75m seed round securing investment from Lombard and Correlation global insurance network to continue Australian growth and drive international expansion."

- FinTech Australia

View