PET - Plain English Taxonomy

Attribute: BSL22530
Concept:
Label: Weighted average interest rate on deposits
Concept Guidance:
This is the weighted sum of individual interest rates on deposits, where the weights used are the corresponding balances expressed as a share of the total balance. The interest rate is the contractual rate to be paid to or received by the customer/counterparty/debtholder. 
Dimensions
Dimension Member Description
(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.
(InterestBearing)
This dimension categorises information based on whether or not the financial product is interest bearing.
The financial product has a contractual interest rate greater than zero.
(FinancialInstitutions)
This dimension categorises the reported information according to the Standard Economic Sector Classifications of Australia (SESCA).
All corporations and notional institutional units mainly engaged in financial intermediation and the provision of auxiliary financial services. Holding companies with mainly financial corporations as their subsidiaries are also included, as are market not-for-profit institutions (NPIs) that mainly engage in financial intermediation or the production of auxiliary financial services.