PET - Plain English Taxonomy

Attribute: BSAO29304
Concept:
Label: Fees charged
Concept Guidance:
This is the value, during the relevant period of amounts charged by the entity to its customers excluding those relating to interest charges (where interest is defined in terms of the contractual interest rate). Report fees (such as establishment fees) that are recorded as interest income in statutory accounts. Report fees charged net of any waivers, exemptions or rebates. This is in accordance with the relevant statistical definition of fees charged.Do not deduct any expenses, including expenses relating to: commissions paid to mortgage brokers; valuation fees for housing and business loans; loyalty program costs; government taxes; and charges imposed by the bank's group treasury to various business units. 
Dimensions
Dimension Member Description
(Accrual)
The accounting basis for income and expense recognition - cash or accruals.
Income and expenses are recognised on an accruals basis.
(Deposits)
This dimension is used to segment data reported based on the categories of exposures.
The information reported relates to exposures categorised as deposits.
(ExceptionFees)
This dimension categorises the reported data according to types of fees charged to an entity.
Information reported is for fees relating to pre-determined charges that are imposed in the event of a breach of contract by the customer.
(Medium)
This dimension categorises the information in relation to the turnover of the business and the counterparty exposure size.
A business is classified as medium if the reporting entity has a total exposure to the business that is greater than or equal to $1.5 million and the business has turnover of less than $75 million.
(PrivatePublicSectorBusinesses)
This dimension categorises the reported information according to the Standard Economic Sector Classifications of Australia (SESCA).
Community service organisations, non-financial businesses and financial institutions.