Australian Money Market gives you access to term deposit rates from multiple Australian financial institutions through a single portal. You decide the bank, rate and term for your client and then invest immediately.
We currently deal with over 20 different institutions ranging from the big four banks to building societies and credit unions, all of which are Authorised Deposit-taking Institutions (ADIs) covered by the Government Guarantee. There is a wide range of short, medium and long dated term deposits available (at call through to 5 years).
When you are in the site, you can browse all the institutions and term deposit rates on offer across different terms and for different investment amounts. You can also view and download the relevant PDS or Terms and Conditions document for each institution from the term deposit rates table. But first, you need to be registered with AMM to access the site and transact online. Find out more.
Access and customise your own rate sheets
From the rates table, you can customise and download your own rate sheet and print off for your clients. You are also able to directly access and download the weekly rate sheet that we email each Wednesday. It's available at the click of a button whenever you need it. To access the site, register now or contact AMM.
FAQ's
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Which financial institutions are covered by the Government Guarantee scheme?
All the banks, building societies and credit unions listed with Australian Money Market are covered by the Government Guarantee Scheme up to $250,000 per person per institution. This took effect under the Financial Claims Scheme from 1 February 2012.
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Do all advisers have access to the full range of providers?
It depends on the dealer group you are licensed through. In some cases, there is a limit on the providers offered through the dealer group's approved product list. You need to check with us on registration.
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How often is interest paid?
Term deposit rates quoted in the site are interest paid at maturity for deals one year or less and annual interest for terms greater than one year. For quotes on deposits with regular interest options (for example, quarterly or semi-annual interest), please contact AMM.