PET - Plain English Taxonomy

Attribute: BSAO28976
Concept:
Label: Cost of funds for credit outstanding
Concept Guidance:
This is the weighted sum of individual costs of funds for credit outstanding, where the weights used are the corresponding balances expressed as a share of the total balance. The cost of funds is the institution's internal funds transfer pricing rate for an asset. The price is established by the institution's treasury area and is 'charged' to the relevant business area. 
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.
(InterestIncurred)
The information reported classifies loans according to specific characteristics.
The information reported is in relation to loans where the balance is incurring interest.
(CreditCards)
A list that identifies loan types.
A card whose holder has been granted a revolving credit line. The card enables the holder to make purchases and/or cash advances up to a pre-arranged limit. The credit granted can be settled in full by the end of a specified period or in part, with the balance taken as extended credit.