Target Market Determinations
From 5 October 2021, we need to comply with a new law under the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019.
This has been introduced to ensure the right products are recommended to the right members, by focussing on them in the design and distribution of our financial products.
One of the requirements of the new law is to create a Target Market Determination (TMD) for each financial product we offer.
What is a Target Market Determination (TMD)?
A TMD is a document that describes:
- The consumer for which the product has been designed
- The conditions around the product’s distribution
- The events or circumstances where we may need to review the TMD
- When the TMD will be reviewed
- Recording keeping and reporting obligations of distributors
Please note a TMD is not intended to provide financial advice. When making a decision about a product, please refer to the Terms and Conditions and any supplementary document(s). These will outline the relevant terms and conditions being provided under that product.
How can you view a TMD?
We have listed all our TMDs below, they have been set out in their product categories.
If you have any issues, please contact us on 1300 36 2000.
| Home Loans - Owner Occupied | Principal and Interest | Interest Only |
|---|---|---|
| First Rate Home Loan - Variable | Click here | Click here |
| First Rate Home Loan - Fixed | Click here | Click here |
| All in One Home Loan - Variable | Click here | Click here |
| All in One Home Loan (First Home Buyer) - Variable | Click here | Click here |
| All in One Rewards Package - Variable | Click here | Click here |
| First Rate Home Loan (First Home Buyer) - Variable | Click here | Click here |
| First Rate Home Loan (First Home Buyer) - Fixed | Click here | Click here |
| Tide You Over – Line of Credit | Click here | |
| Bridging Finance | Click here | |
| Home Loans - Investment | Principal and Interest | Interest Only |
|---|---|---|
| First Rate Investment Loan - Variable | Click here | Click here |
| First Rate Home Loan - Fixed | Click here | Click here |
| All in One Investment Loan - Variable | Click here | Click here |
| All in One Rewards Package - Variable | Click here | Click here |
| Personal Lending | Variable Rate | Fixed Rate |
|---|---|---|
| Personal Loan | Click here | Click here |
| Car Loan | Click here | Click here |
| Premium Personal Loan | Click here | |
| Consolidator Loan | Click here | |
| Overdraft | Click here | |
| Savings | ||||||
|---|---|---|---|---|---|---|
| Transaction Account | Access Savings | Budget Savings | Special Purpose | Pensioner Security | Cash Management | |
| Savings Account | Christmas Savings | Power-up eSaver | Bonus Saver | |||
| Term Deposit | Standard | Kick Starter | ||||
| Cards | ||
|---|---|---|
| Visa Credit Card | Click here | |
| Visa Debit Card | Click here | |
Third Party Products
If you require a copy of a TMD for one of our third party products, please refer to the below links related to your product.
QBE Insurance
Ezicover (Zurich)
