What is a Target Market Determination?

A Target Market Determination is a regulatory document that sets out:

• the key attributes of our products and the type of customer they are appropriate for (target market)
• conditions for how our products are distributed, and
• situations where we may need to review the target market and our products.

Why do we have Target Market Determinations?

We’re required to have Target Market Determinations and meet other obligations under the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019. This is to make sure our customers are at the centre of how we design and distribute our products.

 

Deposit products

• Personal Transaction Account (Everyday, Everyday Unlimited, Everyday Unlimited Kick Start)
• Reward Saver Account (Reward Saver and Reward Saver Kick Start)
• Zoo Account
• Wisdom Saver Account
• Term Deposit Account
• Cash Management Account
• Christmas Club Account
• DIY Super Account
• Business Account (Business Transaction, Business Cash Management and Business Tax Management)
• Real Estate Business Account
• Real Estate Trust Account

Loan products

• Home Loan - Owner occupied
• Home Loan - Investment
• Equity Line Advantage
• Bridging Finance
• Personal Loan
• Personal Line of Credit
• Reverse Mortgage
• Aged Care Loan
• Fully Drawn Commercial Loan (investment and other non-business purposes)
• Fully Drawn Commercial Loan (SMSF)

Credit cards

• Low Rate Credit Card
• Platinum Rewards Credit Card

Previous Target Market Determinations

Loan products

Home Loan - Owner occupied Home Loan - Investment

Credit cards

Low Rate Credit Card Platinum Rewards Credit Card

 

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