PET - Plain English Taxonomy

Attribute: BSAO11029
Concept:
Label: Loans and advances
Concept Guidance:
This is the value, as at the relevant date, for the principal outstanding of loans and advances provided, including any accrued interest, gross of associated provisions for impairment and deferred fee income. Loans and advances are those financial assets recognised and measured in accordance with the relevant Australian accounting standards. 
Dimensions
Dimension Member Description
(Gross)
This dimension categorises the reported data according to the accounting valuation scenario, in relation to impairment, under which the reported value was calculated.
The information reported is in relation to the value that has been calculated before allowing for any adjustment to the value of the asset or liability in accordance with treatment permitted under accounting standards or prudential standards.
(Fixed)
Information in relation to the interest rate type applicable to an interest-bearing agreement.
Information in relation to fixed interest rates. These are interest rates that: (a) do not fluctuate over the term, or life, of the agreement; or (b) some part of the original term, or life, of the agreement. Where an interest rate is only fixed for some part of the original term, at the end of the fixed interest rate period the contract may provide for transition to a variable interest rate or for a new interest rate to be negotiated.
(Housing)
Information in relation to the intended purpose of the counterparty in regards to loan agreements entered into by the entity.
Information in relation to loan agreements entered into by the reporting party for the purpose of housing (i.e. both owner-occupied and investment housing).