Term deposits are one of Australia’s most straightforward and secure investment options. They provide a fixed return, protect your capital, and are backed by up to $250,000 per institution by the Australian Government. In times of uncertainty or market volatility, they remain a reliable place to hold cash.

With rising interest rates, term deposits have once again become a competitive option, not just for retirees and SMSFs, but also for businesses, families, and individual investors looking for guaranteed returns.

This guide is designed to help you get the most out of term deposits. It explains how they work, how to compare them, and how to structure your deposits for better security, flexibility, and yield. The same principles apply to managing $50,000 or $5 million.

You will also learn the differences between big and small banks, how the government guarantees work, and how to avoid common mistakes that reduce your return or increase your risk.The goal is simple: give you clear, practical information so you can make confident decisions with your cash.