CommBank
Farm Management Deposit account (Fixed Term)
CommBank · term deposits
Provider last updated this product 2026-10-27.
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You'll complete your application on
CommBank's website. Confirm the rate and fees with them
before applying.
A tax-effective investment that allows primary producers to set aside pre-tax income as a cash reserve for later years.
Deposit rates
| Type | Rate | Term | Calculated | Applies to | Conditions | Interest |
|---|---|---|---|---|---|---|
| FIXED | 4.25% | 3 months | daily | - | 3 months term option. Interest is paid at maturity. Rate is on a six monthly basis. | calculated daily, paid half-yearly |
| 3 months term option. Interest is paid at maturity. Rate is on a six monthly basis. | ||||||
| FIXED | 4.80% | 6 months | daily | - | 6 month term option. Interest is paid at maturity. Rate is on a six monthly basis. | calculated daily, paid half-yearly |
| 6 month term option. Interest is paid at maturity. Rate is on a six monthly basis. | ||||||
| FIXED | 4.90% | 9 months | daily | - | 9 month term option. 6 monthly interest is paid evenly 6 months and at maturity. | calculated daily, paid half-yearly |
| 9 month term option. 6 monthly interest is paid evenly 6 months and at maturity. | ||||||
| FIXED | 5.00% | 12 months | daily | 12 - 12 months | 12 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. | calculated daily, paid half-yearly |
| 12 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. | ||||||
| FIXED | 5.10% | 12 months | daily | 12 - 12 months | 12 month term option - Annual interest payment option. Interest is paid at maturity. Rate is on Per Annum basis. | calculated daily, paid P12M |
| 12 month term option - Annual interest payment option. Interest is paid at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 4.90% | 13 months | daily | 13 - 13 months | 13 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. | calculated daily, paid half-yearly |
| 13 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. | ||||||
| FIXED | 5.00% | 13 months | daily | 13 - 13 months | 13 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid P12M |
| 13 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 4.90% | 14 months | daily | 14 - 14 months | 14 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid half-yearly |
| 14 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 5.00% | 14 months | daily | 14 - 14 months | 14 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid P12M |
| 14 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 4.90% | 15 months | daily | 15 - 15 months | 15 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid half-yearly |
| 15 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 5.00% | 15 months | daily | 15 - 15 months | 15 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid P12M |
| 15 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 4.90% | 16 months | daily | 16 - 16 months | 16 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid half-yearly |
| 16 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 5.00% | 16 months | daily | 16 - 16 months | 16 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid P12M |
| 16 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 4.90% | 17 months | daily | 17 - 17 months | 17 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid half-yearly |
| 17 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 5.00% | 17 months | daily | 17 - 17 months | 17 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid P12M |
| 17 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 4.90% | 18 months | daily | 18 - 18 months | 18 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid half-yearly |
| 18 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 5.00% | 18 months | daily | 18 - 18 months | 18 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid P12M |
| 18 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 4.90% | 19 months | daily | 19 - 19 months | 19 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid half-yearly |
| 19 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 5.00% | 19 months | daily | 19 - 19 months | 19 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid P12M |
| 19 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 4.90% | 20 months | daily | 20 - 20 months | 20 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid half-yearly |
| 20 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 5.00% | 20 months | daily | 20 - 20 months | 20 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid P12M |
| 20 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 4.90% | 21 months | daily | 21 - 21 months | 21 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid half-yearly |
| 21 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 5.00% | 21 months | daily | 21 - 21 months | 21 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid P12M |
| 21 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 4.90% | 22 months | daily | 22 - 22 months | 22 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid half-yearly |
| 22 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 5.00% | 22 months | daily | 22 - 22 months | 22 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid P12M |
| 22 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 4.90% | 23 months | daily | 23 - 23 months | 23 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid half-yearly |
| 23 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 5.00% | 23 months | daily | 23 - 23 months | 23 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid P12M |
| 23 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 4.90% | 24 months | daily | 24 - 24 months | 24 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid half-yearly |
| 24 month term option - 6 monthly interest payment option. 6 monthly interest is paid evenly 6 months and at maturity. Rate is on Per Annum basis. | ||||||
| FIXED | 5.00% | 24 months | daily | 24 - 24 months | 24 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | calculated daily, paid P12M |
| 24 month term option - Annual interest payment option. 12 monthly interest is paid evenly 12 months and at maturity. Rate is on Per Annum basis. | ||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Prepayment administration fee | EVENT | $30 | Fixed Term FMD Account - for withdrawal in advance of maturity |
Rate history
The figures behind this chart
| From | Until | Rate |
|---|---|---|
| 2026-07-15 | 2026-10-26 (current) | 5.10% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- To withdraw part or all of your funds in advance of maturity ('prepayment'), you will need to give us 31 days' notice, and a prepayment adjustment and administration fee may apply.
- $1,000.00 minimum ongoing balance in any individual FMD Account at any time.
- Flexibility to choose between a fixed term and at call investment option
- Funds held in a FMD account will be deducted from your assessable income in the year in which the deposit is made. Withdrawals are considered assessable income for that year's tax return. Keep in mind, deposits in the FMD account must be kept for at least 12 months to be eligible for tax benefits.
- Withdrawals and deposits are made by phoning your Relationship Manager, or visiting a branch of the Bank.
- Helps balance good and bad times, by allowing eligible customers to set aside their individual pre-tax income in good years as a cash reserve to withdraw from in less profitable years.
- No account-keeping fees (standard government fees may apply).
Who can apply
- otherTo be eligible for the scheme and to maintain FMD status, the account holder must be an individual primary producer (this can include the beneficiary of a trust, partner of a partnership, but not joint persons or companies) at the time when they open the account or make a deposit. Deposits must meet the criteria specified in the Income Tax Assessment Act 1997 and those outlined in the Terms and Conditions section of the Farm Management Deposit Accounts document. For further details on eligibility criteria refer to the Farm Management Deposits Law or visit the Department of Agriculture and Water Resources website at agriculture.gov.au. Account holders must also meet the FMD account eligibility criteria as set out by the ATO.
Limits
- max balance - 800000.00Aggregate balance of all FMD Accounts must not exceed $800,000.00
- opening balance - 1000.00Fixed Term FMD Account - $1,000.00 minimum deposit
The provider's own documents
- Product overview › (opens in a new tab)
- Terms and conditions › (opens in a new tab)
- Eligibility criteria › (opens in a new tab)
- Fees and pricing › (opens in a new tab)
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-10-27T02:15:32.000Z · Product ID: f889dd909d1d44858a2f2ad839dcda89