Farm Management Deposit account

Keep your business going, in good times & bad

Managing the finances of a farm can be a stressful and overwhelming task. A Farm Management Deposit account can ease that burden, with the peace of mind that comes from knowing your farm’s cash flow is secure, organised, and easily accessible.

We created this account in line with the Australian Government’s Farm Management Deposit Scheme to help farmers manage the ups-and-downs of the industry. With it, primary producers can earn interest in the good years, while covering costs in the bad.

Farm Management

4.40% p.a.1

on accounts $1,000 – $800,000

How could we work together?

Get in touch with our business banking team to chat about our product offering and how we can tailor it to your needs.

Why choose our Farm Management Deposit account?

As a regional bank, it’s important for us to support the people and businesses that are the backbone of our nation. With a Farm Management Deposit account, you’ll have competitive rates and no fees, helping you not just protect but grow your hard-earned cash for when times get tough.

Great rate

We’ve put together the best rate we can so you can save for the future of your business.

No fees

We’ve said goodbye to account keeping and transaction fees2 to keep your costs down.

Deductible deposits

We’ve made sure that your deposits can be deducted from your taxable income.

Understand our rates

Account balance Interest rate
$1,000 - $800,0004.40% p.a.1

Get the ball rolling

We love helping local businesses do their thing. If you think banking with us might be the right choice, get in touch – online, in a branch or on the phone. Our business banking team is ready and waiting to hear from you!

Banking built for business

Business banking can be rough – but it doesn’t have to be! Whether you’re a sole trader or a company with more complex needs, we’ve got you covered with great resources and friendly, professional support.

Things you should know

Rate, fees and charges and other information correct as at 14 June 2023 and may change without notice.

Terms, conditions, fees, charges and eligibility criteria apply.

Please read the Product Disclosure Statement and Fees & Charges and consider whether this product is right for you. Also available in branch or at 1300 004 863.

To view the Target Market Determination for this product go to Target Market Determinations.

Unapproved debit balances incur interest at 15.90% p.a. calculated daily on full closing balance and debited on the last calendar day of each month.

Download a copy of our Business Accounts Rates. Find out how to reduce your fees and charges.

1 Interest is calculated daily and paid monthly, annually or at maturity after the initial term of 12 months. If the initial term selected is longer than 12 months, then interest must be paid at least every 12 months.

2 Non-standard fees may apply – please refer to ’non-standard fees and charges’ in our Fees & Charges Document for details.

If all or part of a Farm Management Deposit account is redeemed before expiry of the agreed term, a reduced rate of interest of 0.10% p.a. will be applied to the account. View all term deposit rates and the Term Investment Renewal form.