Target Market Determinations

What is a Target Market Determination (TMD)?

It’s a document that describes the type of customer who may suit one of our products, and the conditions and circumstances for how the product can be distributed. It also outlines when each TMD will need to be reviewed (generally every 1 to 2 years).

Why do we need Target Market Determinations?

We're required to have Target Market Determinations under the Treasury Laws Amendments (Design and Distribution Obligations and Product Interventions Powers) Act 2019. This framework ensures that we have a customer-centric approach to how we design, market and distribute our financial products. You should also consider our General Terms and the Product Disclosure Statement (if applicable), your personal position, objectives, financial situation and needs before deciding if this product is right for you.

Current Target Market Determinations

The current Target Market Determinations (TMD) for our products can be downloaded as a PDF using the below links. As Target Market Determinations are reviewed regularly, all archived Target Market Determinations are made available for reference.

Deposit products

Visa Debit Card

Lending products

Archived Target Market Determinations

Target Market Determinations (TMD) are reviewed regularly. When a new version is provided, the archived TMD will be made available for reference.

*All depositors are protected by the Government guarantee. For further details, please refer
Interest rates is at 19 May 2022. All interest rates are variable unless noted otherwise. In deciding whether this product meets your needs, we recommend that you read this page in conjunction with our Target Market Determination, Product Disclosure Statement, General Terms, Fees and Charges Schedule and Interest Rate Schedule. A copy of these documents are available on our website. You can also obtain a copy of these by contacting our office on 1300 221 479. MyLifeMyFinance Limited Trading as MyLife MyFinance. ABN 54 087 651 750. AFSL/Australian Credit Licence Number 245606.