Target Market Determinations.
This page includes the Target Market Determinations for financial products issued by ME from 5 October 2021.{sub-heading}
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Target Market Determinations at ME
What is a Target Market Determination?
It’s a document that describes the type of customer for which the product is designed (target market), and conditions and circumstances for how the product can be distributed and when it needs to be reviewed.
Why does ME need to have Target Market Determinations?
ME are required to have Target Market Determinations under the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019. This Act sets out obligations to ensure a customer-centric approach to designing, marketing and distributing financial products.
It’s a document that describes the type of customer for which the product is designed (target market), and conditions and circumstances for how the product can be distributed and when it needs to be reviewed.
Why does ME need to have Target Market Determinations?
ME are required to have Target Market Determinations under the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019. This Act sets out obligations to ensure a customer-centric approach to designing, marketing and distributing financial products.
Target Market Determinations for ME products.
Retail products.
- EconoME Home Loan
- CompleteME Home Loan
- SpendME Transaction Account
- SpendME & SaveME bundle
- SpendME & HomeME bundle
- ME Go Term Deposit (Customers with term deposits managed in the ME Go app)
Business and Treasury Products.
Products no longer available.
Can’t find the TMD you are looking for?
If you would like a copy of past version of a TMD that does not appear on this page, please contact us on 13 15 63.