This page lists Target Market Determinations (TMD) for key financial products issued by Qudos Bank that customers can apply for via our website. Other TMDs are available on request by calling 1300 747 747.


What is a Target Market Determination?

A TMD describes the type of customer who may suit one of our products – based on their needs, objectives, and financial situation (target market).

It also sets out who can distribute our products, how they can do this and situations when we may need to review our products and the target market.


Why does Qudos Bank need to have Target Market Determinations?

Issuers of financial products, such as Qudos Bank, are required to prepare Target Market Determinations under the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019.  This Act sets out obligations designed to assist customers to obtain appropriate financial products by requiring issuers and distributors to have a customer-first approach to designing, marketing and distributing financial products.


Important information about Retail Product Distribution Conduct in relation to Qudos Bank products.

Any regulated person engaging in Retail Product Distribution Conduct under the Product Design and Distribution Obligation laws must report information outlined in Target Market Determinations within a specified timeframe to Product Issuers.

If you are required to report information to Qudos Bank as outlined in our product Target Market Determinations, please email your information to