Farm Management Deposit Account

The Farm Management Deposit Account is a tax-effective investment that allows primary producers to set aside pre-tax income in good years to establish cash reserves and help meet costs in other years.

It allows for the deduction of the amount of deposits from assessable income, with interest paid on 100 per cent of eligible deposits. Both fixed term and at-call options are available.

To open a Farm Management Deposit Account, you must meet special legislative requirements.

• Important information about advice
  As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances. View our Financial Services Guide (PDF 59kb).
  
  View General Information and Terms and Conditions issued by Commonwealth Bank of Australia for Farm Management Deposit Account before making any decision about the product. If you have a complaint, the Bank’s dispute resolution process can be accessed on 1800 805 605.