PET - Plain English Taxonomy

Attribute: BSAO28583
Concept:
Label: Cancellations of and reductions in credit limits
Concept Guidance:
This is the value of any cancellations or reductions in previously committed credit limits. 
Form-Specifc Guidance:
Include the value of credit limits cancelled during the reporting period due to an internal refinance or external refinance.
Exclude repayments that reduce the used portion of the credit facility, but not the total credit available.  
Dimensions
Dimension Member Description
(Personal)
Information in relation to the intended purpose that the finance will be used for.
Transactions by persons within the household sector whose dealings with other sectors are for purposes other than business purposes or housing purposes.
(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.
(RevolvingCreditNotMarginLoanNotCreditCard)
A list that identifies loan types.
Means 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, apart from credit cards and margin loans. Repayments (other than of charges and interest) reduce the borrowings, thereby increasing the amount of unused credit available.