image background

Farm Management Deposits

A tax-effective investment that allows primary producers to set aside pre-tax income in high production years to establish cash reserves and help meet costs in less productive years.

Farm Management Deposits

Farm Management Deposits

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 Conversely, any funds withdrawn from the FMD must be declared as taxable income in the hands of the primary producer in the relevant financial year.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.

For further eligibility criteria please refer to the ATO website.


Account Features

  • Minimum deposit is $1,000 and maximum deposit is $800,000.
  • The minimum term is 12 months (exceptional circumstances may permit early redemption).
  • There are no account-keeping fees.
  • Ability to reduce individual primary producer’s taxable income in the year of investment.
  • Non-primary production income of a ''Farm Management Deposit eligible investor'' must not exceed $100,000.
  • Options for interest to be paid quarterly or annually are available.
  • Depositors must meet specific legislative requirements to open a Farm Management Deposit Account (please note you may need to seek professional advice from your accountant.).
  • Interest is calculated on the daily balance.
  • Interest and principal repayments may be made directly to a WAW account, by corporate cheque, or electronically to another financial institution.
  • No principal additions are allowed during the term of the investment.
  • Deposits re-invested on maturity at current rates unless otherwise instructed.

12 - 24 months
Interest paid annually

$1,000 to

1.60% p.a.
12 - 24 months
Interest paid quarterly
1.50% p.a.  


Download our Deposit Interest Rate Schedule here

Rates are correct at time of publication but are subject to change without notice. For investment options for amounts over $400,000 please call 1300 368 555.

Find out about our Limited Offer Investments here


There are no account keeping fees applicable to Farm Management Deposits.

Download our Transaction Fees and Charges Schedule here

How To Apply

If you are interested in opening this type of investment account please fill out our online enquiry form below and one of our dedicated staff will contact you so we can further the application process. We will need your name, contact details and the product you are interested in taking out, we can help you do the rest. 

Alternatively, you can contact us on 1300 368 555 and ask to speak to a term investment specialist.

Enquire Now