Financial Sector (Collection of Data) (reporting standard) determination No. 24 of 2006 - Reporting Standard ARS 320.7 - Deposits and Loans Classified by State and Territory
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Basis of preparation
Unless otherwise specifically stated, institutions are to comply with Australian accounting standards regarding the measurement of asset, liability and equity items.
Specific instructions
Deposits
Deposits should be classified to the State or Territory where the depositor is domiciled in Australia.
Retail deposits
Demand deposits
At call deposits that are redeemable or withdrawable on demand. For SCCIs, report all incidental credit balances on credit card accounts within this item (i.e. credit balances arising in the normal course of the SCCI’s credit card operations, such as prepayments by or refunds to credit card holders).
Other
All other retail deposits other than demand deposits.
Other deposits
Report all other deposits not included above (i.e. wholesale deposits).
Loans
Housing loans (Including revolving credit or redraw facilities that are exclusively or predominately for purpose of housing)
Report the total value of housing loans including:
-
owner-occupied: Include the value of housing loans to Australian households, for the construction or purchase of dwellings for owner occupation; and
-
investment: Include the value of investment housing loans to Australian households, for the construction or purchase of dwellings for non-owner occupation.
Note: Classify secured loans to the State or Territory where the security is held. Classify unsecured loans to the State or Territory where the borrower is domiciled in Australia.
Personal loans
Report the total value of personal loans including:
- revolving credit including credit cards;
- lease financing; and
- all other personal loans not identified above.
Note: Classify secured loans to the State or Territory where the security is held. Classify unsecured loans to the State or Territory where the borrower is domiciled in Australia.
All other loans to non-financial sector
Report the value of all other loans to the non-financial sector including:
- private non-financial corporations;
- public non-financial corporations;
- community service organisations; and
- general government.
Reference for interpretation/definition of Non-financial sector should be made to the instruction provided for ARF 320.0 Statement of Financial Position (Domestic Books) – sector definitions.