Introducing Pier and why she founded RateUnity

Hi, I’m Pier Culley, and I’m the founder of RateUnity. I want to share a bit about my journey and why I started RateUnity. For the past 25 years, I’ve worked in finance and risk management, helping businesses navigate the complexities of what can go wrong and how to mitigate it. I grew up in Perth, one of seven girls, and I've lived and worked in Perth, London, and Sydney. Now, as a mother to a 7-year-old boy, I understand just how important it is to make every dollar count, especially when you're managing a household.

A few years ago, I faced a significant health issue that made me re-evaluate my life. When something like that happens, it really puts things into perspective. I realized that I wanted to use my skills and experience to give back – to help the average Australian, especially as they face the challenges of rising living costs and a 4.25% base rate increase that’s hitting mortgage repayments hard.

As I dove deeper into mortgage rates, I noticed something troubling – many Australians aren’t getting a fair deal on their home loans. Meanwhile, bank profits continue to rise to record levels. I knew there had to be a better way.

That’s why I started RateUnity. It’s not just a business – it’s a movement. RateUnity is about leveraging the power of numbers to give everyday Australians the ability to negotiate better mortgage rates. By coming together as a community, we can push back against the big banks and secure the kinds of deals that normally only big corporations would get.

In April 2024, four fantastic people joined RateUnity as Shareholders and Partners to assist in accelerating RateUnity to reach our potential.

In July 2024, we started with a Pilot of $32m in loans/mortgages and in August and September 2024 we used this loan book to partner with an amazing Hero Bank, for fantastic interest rates for your home and investment mortgages, read more on our journey or view our videos in our socials.

We use Strength in Numbers to create real change – and give power back to the average Australian.