PET - Plain English Taxonomy

Attribute: BSAO28516
Concept:
Label: Credit limit increase
Concept Guidance:
The credit limit is the maximum amount of funds available to the borrower 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
(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.
(Housing)
Information in relation to the intended purpose that the finance will be used for.
Transactions by households related to the provision of residential property for use by the household sector.
(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.
(OwnerOccupiedHousing)
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 for the purpose of housing, where the funds are used for a residential property, that is occupied or to be occupied by the borrower(s) as their principal place of residence.
(RevolvingCredit)
A list that identifies loan types.
The reported information relates to lending facilities that the borrower may repeatedly draw down, in part or in full up to an authorised credit limit, and repay any credit drawn, in part or in full, on multiple occasions without the facility being cancelled. Repayments (other than of charges and interest) reduce the borrowings, thereby increasing the amount of unused credit available. Includes facilities with a fixed-term that meet this criteria.