Farm Management Deposit Account
Transaction & Savings AccountsData Sharing Status
Set aside pre-tax income in profitable years to establish cash reserves and manage low income periods with our farm management deposit account product.
- Fixed rate
- 4.75%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Fixed | 4.75% | $1,000–$19,999 | monthly |
| Fixed | 4.75% | $20,000–$49,999 | monthly |
| Fixed | 4.75% | $50,000–$99,999 | monthly |
| Fixed | 4.75% | $100,000–$800,000 | monthly |
| Fixed | 4.5% | $1,000–$19,999 | monthly |
| Fixed | 4.5% | $20,000–$49,999 | monthly |
| Fixed | 4.5% | $50,000–$99,999 | monthly |
| Fixed | 4.5% |
Fees
| Fee | Type | Amount |
|---|---|---|
| Account Keeping Fee Charged monthly | Ongoing | $0.00 |
| RTGS Transaction fees | Transaction | $35.00 |
| Duplicate Statement fees | Event | $0.00 |
| Account Information | Event | $15.00 |
| Personal Correspondence Details Any two categories = $30.00 | Event | $30.00 |
Features
- Set aside pre-tax income in profitable years to establish cash reserves and manage low income periods
- No account-keeping fee and you earn interest on every cent
- Deposits into the account may be deducted from your assessable income in the year of deposit, if the deposit complies with Federal Government requirements. Any withdrawals will be included in assessable income in the year of withdrawal. Government restrictions apply to this account.
- Both fixed and variable interest rate options are available, Interest is calculated daily and paid monthly.
- Deposits must usually be held for a minimum of 12 months to comply with government requirements
- Access to your funds via St. George branches.
- Digital banking
- View account details via Internet and Phone Banking.
Eligibility
- Minimum age — 18 yearsShould be 18+ years old
- Individual primary producers operating as sole traders, partners in a partnership, or beneficiaries of a trust.
- Business customersOperating in Australia with an Australian address
- Applicants must be eligible under ATO Farm Management Deposits Scheme requirements.
Constraints
- Fixed terms of 12 months and 24 months are available.
- Minimum balance — $1,000.00
- Maximum balance — $800,000.00
More Information
Published by St.George Bank under the Consumer Data Right · Last updated 16 July 2026 · Product ID STGFarmManagementDeposit · View on CDR.gov.au