Short Term Investments

We offer a range of solutions designed to assist you to meet your goals for the near future.

Term Deposit
If you don’t need instant access to your money, our Term Deposit provides a fixed interest rate, with a range of terms and interest payment options.

Security Investments
Security Investments (otherwise known as Negotiable Certificates of Deposit or Bills of Exchange accepted or endorsed by Australian banks) are an attractive alternative investment to cash accounts. They offer competitive rates that are fixed until the investment matures.

Cash Deposit Account
Here you can benefit from the "one account" concept – your investment funds can be any combination of at call or fixed term. With competitive interest rates, you can select a term that best suits you – from overnight up to five years.

Commonwealth Cash Management Trust
Investing in Commonwealth Cash Management Trust is ideal if you want to park your cash and earn competitive rates of return on every dollar invested. Commonwealth Cash Management Trust aims to provide a secure investment which combines attractive short term income returns and easy access to funds.

Business Online Saver
Business Online Saver is a self-service at-call account that pays a high rate of interest on your surplus funds. You now have the freedom to manage your money the way you want without the need to lock your money away.

Other Short Term Investment Facilities
We can help you with further information on the above investment solutions – and also provide assistance on the rest of our comprehensive investment range. Some of these include:

Money Market Call Account - Quarantined
This is a cash holding account for amounts over $100,000. Available to businesses, professionals and individuals, the minimum withdrawal is $10,000 and minimum ongoing deposits must be $50,000 or more.

Note: The Money Market Call Account has been quarantined from Monday 20 November 2006. New accounts cannot be opened from this date.

Commercial Paper
Commercial Paper is available for investments of $500,000 or more for a short term (usually between 7 and 185 days) and provides access to higher rates of return than those generally available on alternative short term investments. It can provide you with the opportunity to diversify a short term money market portfolio whilst (in most instances) earning rates of return above bank bills.

Currency Enhanced Deposits
The Currency Enhanced Deposit is a term deposit, denominated in Australian Dollars, that offers a guaranteed minimum interest rate and the potential to earn bonus interest if a specified exchange rate rises or falls to a specified level on a specified future date. It is for investment amounts of $100,000 or greater.

Farm Management Deposit Account
The Farm Management Deposit Account is a tax-effective investment that allows primary producers to set aside pre-tax income in good years to establish cash reserves and help meet costs in other years. It provides the opportunity to shift before-tax income from years when it is least needed to years when it is most needed. It allows the deduction of the amount of deposits from assessable income, with interest paid on 100 per cent of eligible deposits. Both fixed term and at call options are available. Special legislative requirements must be adhered to with the Farm Management Deposit Account.

Important information about advice
As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances.

All products mentioned on this web page are issued by the Commonwealth Bank of Australia, view our Financial Services Guide (PDF 59kb). View disclosure documents for Term Deposit (PDF 247kb),  Money Market Call Account (PDF 252kb),  Commonwealth Cash Management Trust (PDF)  Currency Enhanced Deposit (PDF 126kb),  Farm Management Deposit Account General Information and Terms & Conditions (PDF 2.53mb), Cash Deposit Account (PDF 619kb), Security Investments - Negotiable Certificates of Deposit (issued by the Commonwealth Bank of Australia) (PDF 429kb) and Security Investments - Negotiable Certificates of Deposit (issued by a bank other than the Commonwealth Bank of Australia (PDF 393kb) and consider them before making any decision about these products.

Other important information
Full terms and conditions available on application.