PET - Plain English Taxonomy

Name: StandardEconomicSectorClassificationsOfAustraliaDimension
Label: Standard Economic Sector Classifications Of Australia Dimension
TREF ID: DM906
Type: Predefined
Description:
This dimension categorises the reported information according to the Standard Economic Sector Classifications of Australia (SESCA).
Usage:

Dimension Members
Name Label TREF ID Description
AuthorisedDepositTakingInstitution Authorised Deposit Taking Institution DV8404
An authorised deposit-taking institution within the meaning of the Banking Act 1959.
Bank Bank DV8403
An authorised deposit-taking institution (ADI) that is authorised by APRA to use 'Bank' or 'Banker' in relation to their company name and trading or business name.
CentralBorrowingAuthorities Central Borrowing Authorities DV8417
Entities established by federal, state or territory governments that primarily provide finance for public corporations and notional institutional units and other units owned or controlled by the government.  They arrange the investment of surplus funds.
CentralCounterparty Central Counterparty DV8844
Central counterparties (CCPs) are clearing houses that interpose themselves between counterparties to contracts traded in one or more financial markets, becoming the buyer to every seller and the seller to every buyer. A CCP becomes counterparty to trades with market participants through novation, an open offer system, or another legally binding arrangement.
ClearingHousesCentralCounterparties Clearing Houses Central Counterparties DV8428
Recognised clearing houses and central counterparties (CCPs) are financial auxiliaries. CCPs are clearing houses that interpose themselves between counterparties to contracts traded in one or more financial markets, becoming the buyer to every seller and the seller to every buyer. A CCP becomes counterparty to trades with market participants through novation, an open offer system, or another legally binding arrangement.
ClearingMember Clearing Member DV8843
The information reported is from a member of or a direct participant in, a central counterparty (CCP) that is entitled to enter into a transaction with the CCP.
CommonwealthGeneralGovernment Commonwealth General Government DV8426
Australian Commonwealth Government departments and agencies whose principal function is to provide non-market goods and services, principally financed by taxes, for free or at a price well below the cost of production. These entities regulate economic activity, maintain law and order and redistribute income and wealth by means of transfers.
CommonwealthGovernmentNonFinancialCorporations Commonwealth Government Non Financial Corporations DV8437
Businesses that are owned and controlled by the Australian Commonwealth Government and that produce goods or non-financial services for sale at market prices.
CommunityServiceOrganisations Community Service Organisations DV8410
Non-market operators providing goods and services to households for free or at prices that are not economically significant.
ExchangeTradedFunds Exchange Traded Funds DV8402
Exchange traded funds (ETFs) are investment vehicles that are listed on a stock exchange and provide investors with the return of some benchmark, such as an equity index. ETFs are a type of non-money-market financial investment fund.
FinancialAuxiliaries Financial Auxiliaries DV8413
Corporations and quasi-corporations engaged primarily in activities closely related to financial intermediation, but which do not themselves perform an intermediation role.
FinancialInstitutionNEC Financial Institution NEC DV8416
Any financial institutions other than the Reserve Bank of Australia, banks, non-bank authorised deposit-taking institutions, registered financial corporations, central borrowing authorities, life insurance corporations, other insurance corporations, self-managed superannuation funds, other superannuation funds, financial auxiliaries, securitisers, money-market investment funds and non-money-market financial investment funds.
FinancialInstitutions Financial Institutions DV8423
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.
GeneralGovernment General Government DV8421
Commonwealth general government and state, territory and local general government.
Households Households DV8432
Persons whose dealings with other sectors are for personal or housing purposes.
InsuranceCorporations Insurance Corporations DV8435
Life insurance companies and friendly societies that are registered under the Life Insurance Act 1995 and are regulated by APRA; general insurance companies registered under the Insurance Act 1973 (or by virtue of determinations made by APRA under the General Insurance Reform Act 2001); private health insurance companies registered under the Private Health Insurance (Prudential Supervision) Act 2015; Export Finance Insurance Corporation; and private sector and government-owned general and health insurance enterprises, both proprietary and mutual that are not registered with APRA.
LifeInsuranceCorporations Life Insurance Corporations DV8406
Life insurance companies and friendly societies that are registered under the Life Insurance Act 1995 and are regulated by APRA. They offer insurance for death or disability and also offer investment and superannuation products.
MoneyMarketInvestmentFunds Money Market Investment Funds DV8398
Collective investment schemes, such as cash management trusts and cash common funds that are constituted as legal entities.  They raise funds by issuing shares or units to the public, either via a prospectus or a distribution channel such as a platform. The proceeds are invested primarily in money-market instruments, money-market shares/units, and transferable debt instruments with a residual maturity of less than or equal to 12 months, deposits at banks, and instruments that pursue a rate of return that approaches the interest rates of money-market instruments.
NonBankAuthorisedDepositTakingInstitution Non Bank Authorised Deposit Taking Institution DV8418
A body corporate authorised under subsection 9(3) of the Banking Act 1959 to carry on banking business in Australia, but which does not hold a consent under section 66 of the Banking Act 1959 to use the word 'bank'.
NonCentralClearedCounterparties Non Central Cleared Counterparties DV8845
The information reported is for any non-centrally cleared counterparties.
NonFinancialBusinesses Non Financial Businesses DV8427
Private non-financial investment funds, other private non-financial corporations, private unincorporated businesses, Commonwealth Government non-financial corporations and state, territory and local government non-financial corporations.
NonFinancialBusinessesCommunityServiceOrganisations Non Financial Businesses Community Service Organisations DV8425
Private non-financial investment funds, other private non-financial corporations, private unincorporated businesses, Commonwealth Government non-financial corporations and state, territory and local government non-financial corporations; and non-market operators providing goods and services to households for free or at prices that are not economically significant.
NonMoneyMarketFinancialInvestmentFunds Non Money Market Financial Investment Funds DV8420
Collective investment schemes, such as trusts or corporations that are constituted as legal entities.  They raise funds by issuing shares or units to the public, either via a prospectus or a distribution channel such as a platform. The proceeds are used to purchase financial assets.  The assets are owned by the investment fund and usually managed by licensed fund managers external to the fund. Investors are able to dispose of their units/shares on a well-developed secondary market such as a stock exchange or through readily accessible redemption facilities.
NonResidentBanks Non Resident Banks DV8405
Any non-resident financial institution whose business is to receive deposits (or close substitutes for deposits) and to extend credit or invest in securities on their own account.
NonResidentNotRelated Non Resident Not Related DV8587
Report transaction with counterparties that are non-resident that are not the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity.
NonResidentOther Non Resident Other DV8701
Any non-resident institutions that are not banks or superannuation funds.
NonResidentSuperannuationFunds Non Resident Superannuation Funds DV8411
Any non-resident funds designed specifically for the purpose of providing a pension or other income stream on retirement.
NotAuthorisedDepositTakingInstitution Not Authorised Deposit Taking Institution DV8414
Any counterparty that is not an authorised deposit-taking institution within the meaning of the Banking Act 1959.
OtherFinancialAuxiliaries Other Financial Auxiliaries DV8993
Financial auxiliaries other than clearing houses and central counterparties. Financial auxiliaries are corporations and quasi-corporations engaged primarily in activities closely related to financial intermediation, but which do not themselves perform an intermediation role.
OtherFinancialNotAuthorisedDepositTakingInstitutionNotSuperannuation Other Financial Not Authorised Deposit Taking Institution Not Superannuation DV8582
Financial institutions that are not authorised deposit-taking institutions, self-managed superannuation funds or other superannuation funds.
OtherInsuranceCorporations Other Insurance Corporations DV8430
General insurance companies registered under the Insurance Act 1973 (or by virtue of determinations made by APRA under the General Insurance Reform Act 2001); private health insurance companies registered under the Private Health Insurance (Prudential Supervision) Act 2015; Export Finance Insurance Corporation; and private sector and government-owned general and health insurance enterprises, both proprietary and mutual that are not registered with APRA.
OtherNotHouseholdCSOGeneralGovernmentFinancialInstitutionsNonFinancialBusinesses Other Not Household CSO General Government Financial Institutions Non Financial Businesses DV8429
Means any other counterparty that is not a household, community service organisation, general government, financial institutions or non-financial business.
OtherPrivateNonFinancialCorporations Other Private Non Financial Corporations DV8439
Corporations that are owned and controlled by the private (non-government) sector, whose main activity is producing goods or non-financial services for sale at market prices.  They may be listed on stock exchanges or unlisted.
OtherRelatedPartiesNotResidentFinancialInstitutions Other Related Parties Not Resident Financial Institutions DV8583
Information reported is on any resident related parties other than financial institutions or any non-resident related parties.
OtherSuperannuationFunds Other Superannuation Funds DV8401
Superannuation funds that are regulated by APRA and other autonomous funds established for the benefit of public sector employees.
PrivateNonFinancialBusinesses Private Non Financial Businesses DV8436
Private non-financial investment funds, other private non-financial corporations and private unincorporated businesses.
PrivateNonFinancialCorporations Private Non Financial Corporations DV8424
Private non-financial investment funds and other private non-financial corporations.
PrivateNonFinancialInvestmentFunds Private Non Financial Investment Funds DV8433
Collective investment schemes, such as trusts or corporations, in which investment funds are pooled and invested in predominantly long-term non-financial assets such as property or infrastructure.  They raise funds by issuing shares or units to the public, either via a prospectus or a distribution channel such as a platform.  Investors are able to dispose of their holdings through well-developed secondary markets such as a stock exchange or through readily accessible redemption facilitates.  Usually the management of funds is undertaken by a licensed fund manager external to the fund.
PrivatePublicSectorBusinesses Private Public Sector Businesses DV8409
Community service organisations, non-financial businesses and financial institutions.
PrivateUnincorporatedBusinesses Private Unincorporated Businesses DV8422
Persons acting as sole proprietors or in partnerships for business purposes including households whose dealings with other sectors are for business purposes and family trusts.
PublicNonFinancialCorporations Public Non Financial Corporations DV8407
Commonwealth Government non-financial corporations and state, territory and local government non-financial corporations.
RealEstateInvestmentTrusts Real Estate Investment Trusts DV8415
Investment vehicles with funds invested in a variety of property assets.
RegisteredFinancialCorporations Registered Financial Corporations DV8400
Corporations that are registered entities under the Financial Sector (Collection of Data) Act 2001 that are classified as Category 'D' or 'Other' by APRA.
ReserveBankOfAustralia Reserve Bank Of Australia DV8434
Australia's central bank.
ResidentAuthorisedDepositTakingInstitution Resident Authorised Deposit Taking Institution DV8700
An authorised deposit-taking institution (ADI) within the meaning of the Banking Act 1959 that is resident in Australia. An ADI is a resident when its centre of predominant economic interest (principal place of residence or principal place of production) is within Australia's economic territory.
ResidentCentralBorrowingAuthorities Resident Central Borrowing Authorities DV8713
Resident entities established by federal, state or territory governments that primarily provide finance for public corporations and notional institutional units and other units owned or controlled by the government. They arrange the investment of surplus funds. A central borrowing authority is a resident when its centre of predominant economic interest (principal place of residence or principal place of production) is within Australia's economic territory.
ResidentClearingHousesCentralCounterparties Resident Clearing Houses Central Counterparties DV8702
Recognised clearing houses and central counterparties (CCPs) are financial auxiliaries. CCPs are clearing houses that interpose themselves between counterparties to contracts traded in one or more financial markets, becoming the buyer to every seller and the seller to every buyer. A CCP becomes counterparty to trades with market participants through novation, an open offer system, or another legally binding arrangement. A clearing houses or CCP is a resident when its centre of predominant economic interest (principal place of residence or principal place of production) is within Australia's economic territory.
ResidentExchangeTradedFunds Resident Exchange Traded Funds DV8706
Resident exchange traded funds (ETFs) are investment vehicles that are listed on a stock exchange and provide investors with the return of some benchmark, such as an equity index. ETFs are a type of non-money-market financial investment fund. An ETF is a resident when its centre of predominant economic interest (principal place of residence or principal place of production) is within Australia's economic territory.
ResidentGeneralGovernment Resident General Government DV8589
Resident Commonwealth general government and state, territory and local general government.
ResidentHouseholds Resident Households DV8584
Resident persons whose dealings with other sectors are for personal or housing purposes.
ResidentInsuranceCorporations Resident Insurance Corporations DV8709
Resident life insurance companies and friendly societies that are registered under the Life Insurance Act 1995 and are regulated by APRA; resident general insurance companies registered under the Insurance Act 1973 (or by virtue of determinations made by APRA under the General Insurance Reform Act 2001); resident private health insurance companies registered under the Private Health Insurance (Prudential Supervision) Act 2015; Export Finance Insurance Corporation; and resident private sector and government-owned general and health insurance enterprises, both proprietary and mutual that are not registered with APRA. An insurance corporation is a resident when its centre of predominant economic interest (principal place of residence or principal place of production) is within Australia's economic territory.
ResidentMoneyMarketInvestmentFunds Resident Money Market Investment Funds DV8711
Resident collective investment schemes, such as cash management trusts and cash common funds that are constituted as legal entities. They raise funds by issuing shares or units to the public, either via a prospectus or a distribution channel such as a platform. The proceeds are invested primarily in money-market instruments, money-market shares/units, and transferable debt instruments with a residual maturity of less than or equal to 12 months, deposits at banks, and instruments that pursue a rate of return that approaches the interest rates of money-market instruments. A money market investment fund is a resident when it has a significant portion of its economic activities in Australia.
ResidentNonRelatedFinancialInstitutions Resident Non Related Financial Institutions DV8585
Resident non-related 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 that are not the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity.
ResidentNonRelatedNonFinancialBusinessesCommunityServiceOrganisations Resident Non Related Non Financial Businesses Community Service Organisations DV8588
Resident private non-financial investment funds, other private non-financial corporations, private unincorporated businesses, Commonwealth Government non-financial corporations and state, territory and local government non-financial corporations; and non-market operators providing goods and services to households for free or at prices that are not economically significant; that are not the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity.
ResidentOther Resident Other DV8710
Any other resident institutions that are not reported elsewhere. An institution is a resident when its centre of predominant economic interest (principal place of residence or principal place of production) is within Australia's economic territory.
ResidentOtherFinancialAuxiliaries Resident Other Financial Auxiliaries DV8707
Resident other corporations and quasi-corporations engaged primarily in activities closely related to financial intermediation, but which do not themselves perform an intermediation role, that are not clearing houses or central counterparties. An institutional unit is a resident when its centre of predominant economic interest (principal place of residence or principal place of production) is within Australia's economic territory.
ResidentOtherFinancialInstitutions Resident Other Financial Institutions DV8715
Resident financial institutions other than those reported elsewhere. An institutional unit is a resident when its centre of predominant economic interest (principal place of residence or principal place of production) is within Australia's economic territory.
ResidentOtherNonMoneyMarketFinancialInvestmentFundsOtherThanExchangeTradedFunds Resident Other Non Money Market Financial Investment Funds Other Than Exchange Traded Funds DV8714
Resident collective investment schemes, such as trusts or corporations that are constituted as legal entities, other than exchange traded funds. An institutional unit is a resident when its centre of predominant economic interest (principal place of residence or principal place of production) is within Australia's economic territory.
ResidentOtherPrivateNonFinancialCorporations Resident Other Private Non Financial Corporations DV8712
Resident corporations that are owned and controlled by the private (non-government) sector, whose main activity is producing goods or non-financial services for sale at market prices. They may be listed on stock exchanges or unlisted. A corporation is a resident when its centre of predominant economic interest (principal place of residence or principal place of production) is within Australia's economic territory.
ResidentOtherPrivateNonFinancialInvestmentFunds Resident Other Private Non Financial Investment Funds DV8705
Resident private non-financial investment funds other than real estate investment trusts. An investment fund is a resident when its centre of predominant economic interest (principal place of residence or principal place of production) is within Australia's economic territory.
ResidentRealEstateInvestmentTrusts Resident Real Estate Investment Trusts DV8703
Investment vehicles that are residents of Australia, with funds invested in a variety of property assets. A real estate investment trust is a resident when its centre of predominant economic interest (principal place of residence or principal place of production) is within Australia's economic territory.
ResidentRegisteredFinancialCorporations Resident Registered Financial Corporations DV8704
Resident corporations that are registered entities under the Financial Sector (Collection of Data) Act 2001 that are classified as Category 'D' or 'Other' by APRA. A registered financial corporation is a resident when its centre of predominant economic interest (principal place of residence or principal place of production) is within Australia's economic territory.
ResidentRelatedPartiesFinancialInstitutions Resident Related Parties Financial Institutions DV8586
Resident related 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 that are the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity.
ResidentSuperannuationFunds Resident Superannuation Funds DV8708
Resident superannuation funds that are regulated by APRA; other resident autonomous funds established for the benefit of public sector employees and resident self-managed superannuation funds. A superannuation fund is a resident when its centre of predominant economic interest (principal place of residence or principal place of production) is within Australia's economic territory.
Securitisers Securitisers DV8419
Issuers of asset-backed securities created through the process of securitisation, excluding issuers of covered bonds.
SelfManagedSuperannuationFund Self Managed Superannuation Fund DV8412
A superannuation fund that meets the conditions in sections 17A and 17B of the Superannuation Industry (Supervision) Act 1993.
SpecialPurposeVehicle Special Purpose Vehicle DV8399
A legal entity created at the direction of a sponsor. The special purpose vehicle (SPV) can take the form of a corporation, trust, partnership or a limited liability company.  SPVs are generally structured to be bankruptcy remote from the sponsor, so that if the sponsor enters bankruptcy proceedings, the sponsor's creditors cannot seize the assets of the SPV.
StateTerritoryLocalGeneralGovernment State Territory Local General Government DV8431
State, territory and local departments and agencies that provide non-market goods and services, principally financed by taxes, for free or at a price well below the cost of production. These entities regulate economic activity, maintain law and order and redistribute income and wealth by means of transfers.
StateTerritoryLocalGovernmentNonFinancialCorporations State Territory Local Government Non Financial Corporations DV8408
Businesses that are owned and controlled by state, territory or local governments and that produce goods or non-financial services for sale at market prices.
SuperannuationFunds Superannuation Funds DV8438
Superannuation funds that are regulated by APRA; other autonomous funds established for the benefit of public sector employees and self-managed superannuation funds.