PET - Plain English Taxonomy

Attribute: BSAO28593
Concept:
Label: Total credit limit
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
(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.
(NonResidentIndividualEnterpriseOrOther)
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 outside Australia's economic territory. Including households whose principal place of residence is overseas; and foreign branches and foreign subsidiaries of Australian enterprises, but not Australian-based branches and subsidiaries of foreign 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.