Farm Management Deposits are an effective risk management tool for primary producers who wish to set aside pre-tax income from profitable years to help manage business during the cyclical downturns of the agricultural industry. Rabobank offers a range of variable, short-term fixed and long-term fixed rate options, depending on investment requirements.

Variable Rabobank Farm Management Deposits

• Competitive interest rates to earn you daily returns.
• Interest calculated on the daily closing principal balance and paid quarterly in arrears.
• Interest payments and withdrawals direct credited to your nominated bank account.
• No bank fees or service charges (Government taxes may apply).
  

Short Term Rabobank Farm Management Deposits

• A fixed interest rate for the fixed term of your investment, select 30 to 364 days.
• Competitive interest rates to earn you daily returns.
• Interest paid on the maturity date you nominate, to suit your cashflow requirements.
• No bank fees or service charges (Government taxes may apply).

Long Term Rabobank Farm Management Deposits

• A fixed interest rate for the fixed term of your investment, select one or two years.
• Competitive interest rates to earn you daily returns.
• Interest paid quarterly, half-yearly or yearly in arrears.
• Interest payments direct credited to your nominated bank account.
• No bank fees or service charges (Government taxes may apply).

Why choose FMDs:

• FMDs are available to primary producers with a taxable non-primary production income of no more than $65,000 in the year of deposit, for investments totalling no more than $400,000 per farmer.
• Total FMD deductions in any year cannot exceed your taxable primary production income for that year.
• Companies, trusts and partnerships are not eligible to hold FMDs. However, they are available to certain beneficiaries of trusts and individual partners of a partnership.
• Minimum withdrawals of $1,000 can be made. However, if the account is being closed, this minimum withdrawal amount does not apply.
• Other conditions apply to the FMD Scheme - please read the application form for further details

Terms and Conditions apply. You should consider your objectives, financial situation and needs, before making any financial decision.

Or call our Retail Deposits team on 1800 632 113 or call your nearest branch on 1300 30 30 33.

For information on the RaboPlus high interest saving account, term deposits and managed funds, visit www.RaboPlus.com.au.