Farm Management Deposit Scheme (FMD) is a term deposit designed for primary producers to defer their income in years of high earnings to balance taxable income in financial years of low income.
Funds invested in FMD can be claimed as a tax deduction against the primary producer’s taxable income in the year of investment. Conversely, any funds withdrawn from the FMD must be declared as taxable income in the hands of the primary producer in the relevant financial year.
WAW provides very competitive rates for investment terms from one to two years. Please consult your tax adviser for further information about Farm Management Deposits.
Term |
Deposit |
Interest Paid Quarterly |
Interest Paid Annually |
12 - 24 months |
$1,000 - $800,000 p.a. |
0.65% p.a. |
0.75% p.a. |
We offer investment rates for corporate investors for amounts over $250,000. These rates are priced on application as terms and rates are designed to suit your investment needs. To find out more about options, please contact us on 1300 368 555.