PET - Plain English Taxonomy

Attribute: BSAO29331
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.
(Loans)
This dimension is used to segment data reported based on the categories of exposures.
The information reported is in relation to loans. Loans means a financial asset that is: (1) created when a creditor lends funds directly to a debtor; and (2) is evidenced by non-negotiable documents.
(TransactionFees)
This dimension categorises the reported data according to types of fees charged to an entity.
The information reported is in relation to fees charged that relate to transactions made, generally charged to the party initiating the transaction.
(Housing)
Information in relation to the intended purpose that the finance will be used for.
Transactions by households related to the provision of residential property for use by the household sector.
(Households)
This dimension categorises the reported information according to the Standard Economic Sector Classifications of Australia (SESCA).
Persons whose dealings with other sectors are for personal or housing purposes.