PET - Plain English Taxonomy

Attribute: BSAO28365
Concept:
Label: Credit limit increase
Concept Guidance:
The value of any increase in credit limit during the relevant period where the credit limit is the maximum amount of funds available to the business entity without additional authorisation or approval.This amount should include outstanding balances (including capitalised interest or fees) and any other funds that can be drawn without additional approval by the lender. 
Dimensions
Dimension Member Description
(New)
Information in relation to the status of an activity.
The status of the activity is new.
(Loans)
This dimension is used to segment data reported based on the categories of exposures.
The information reported is in relation to loans. Loans means a financial asset that is: (1) created when a creditor lends funds directly to a debtor; and (2) is evidenced by non-negotiable documents.
(NonIntraGroupDomestic)
This dimension categorises reported information based on the type of relationship between two or more counterparties or based on the level of entity consolidation.
The information reported is in relation to non-intra-group transactions or positions where the counterparty is not a related party of the authorised deposit-taking institution (ADI) or registered financial corporation (RFC) at the domestic books level.
(Business)
Information in relation to the intended purpose that the finance will be used for.
Transactions by persons, legal entities or other organisations related to their activities in the production and sale of goods and services for profit. In addition to transactions by non-for-profit organisations such as community service organisations.
(ResidentIndividualEnterpriseOrOther)
This dimension categorises reported information according to the residency of the institutional unit or the issuer of the financial instrument.
The information categorises any institutional unit whose centre of predominant economic interest (principal place of residence or principal place of production) is within Australia's economic territory. Including households whose principal place of residence is in Australia; and Australian branches and Australian subsidiaries of foreign enterprises, but not foreign branches and foreign subsidiaries of Australian enterprises.
(InternalRefinance)
Information in relation to the intended purpose of the counterparty in regards to loan agreements entered into by the entity.
Information in relation to loans where a new loan is obtained to replace an existing loan that was provided by the lender and the credit limit has increased from that which was available prior to refinancing; or the credit limit on an existing loan by the lender is increased (e.g. a 'top-up'). In both cases the funds must be used for substantially the same purpose class as the existing loan contract.
(FixedTermLoans)
A list that identifies loan types.
The reported information relates to loans extended for a fixed period, with a maturity date by which the loan must be repaid. Repayments over the fixed period reduce the credit outstanding and do not make further finance available.
(Medium)
This dimension categorises the information in relation to the turnover of the business and the counterparty exposure size.
A business is classified as medium if the reporting entity has a total exposure to the business that is greater than or equal to $1 million and the business has turnover of less than $50 million.
(BorrowerAcceptedCommitment)
The information provided relates to the various steps in the provision of finance.
The information relates to any firm offer to provide finance that has been accepted by the borrower. A borrower-accepted commitment exists for a loan or finance lease once an application has been approved, a loan/finance lease contract or letter of offer has been issued to the borrower, and the borrower has accepted the offer. For bills, a borrower-accepted commitment occurs when the bill is accepted.It covers agreements to increase the credit limit of an existing loan contract.
(PrivatePublicSectorBusinesses)
This dimension categorises the reported information according to the Standard Economic Sector Classifications of Australia (SESCA).
Community service organisations, non-financial businesses and financial institutions.