Document ID: chunk:federal_register_of_legislation:F2024L00434:body:0:p41
Version: federal_register_of_legislation:F2024L00434
Segment Type: other
Provision Reference: 
Character Range: 152677–156813

deposits                    Means all customers' non-transaction deposits that are not fixed-term deposits.

Other outsourced information technology services  Represents information technology related services purchased from external services providers.

                                                  It includes:

                                                       * outsourced information technology equipment installation costs;
                                                       * outsourced data processing services.  Data processing services relate to the transformation of data into a suitable output including data entry and manipulation services;
                                                       * outsourced web hosting services;
                                                       * outsourced electronic information storage services; and
                                                       * outsourced computer system design relating to computer hardware, computer programming, internet and web design and system analysis.

                                                  It excludes: computer software installation costs paid to external service providers.

Other transport vehicles and equipment            Refers to equipment and vehicles for moving people and objects. This may include items such as ships, railway and tramway locomotives, rolling stock, aircraft and attachments such as trailers, semi-trailers.

                                                  It excludes: vehicles that are primarily to be used on the road such as cars, trucks, motor cycles and utes. Report these as road vehicles.

Overseas equities                                 Means shares that are quoted on stock exchanges other than an Australian stock exchange.

Owner-occupied (housing loan)                     Means a loan to a household for the purpose of housing, where the funds are used for a residential property that is occupied or to be occupied by the borrower(s) as their principal place of residence.

                                                  Where the loan is for a residential property that is different to the residential property against which the loan is secured, this definition refers to the occupation status of the residential property for which the loan has been obtained (not the occupation status of the residential property used as security).

                                                  It includes:

                                                       * dwellings and residential land that are vacant while under construction, but that the borrower intends to occupy as a principal place of residence; and
                                                       * part-time residences that are the borrower's or borrowers' principal place of residence.

                                                  It excludes:

                                                       * part-time residences that are not the borrower's or borrowers' principal place of residence.  Report these under investment housing loans; and
                                                       * housing loans where the borrower is not a household.  Report these under the appropriate business category.

                                                  Where there is doubt or ambiguity over whether a loan is for an owner-occupied or investment property, report the loan as for investment.

P

Partially secured                                      Means finance that is secured and has an LVR of greater than 100%.

Past due                                               Has the meaning given in Prudential Standard APS 220 Credit Risk Management.

Payments to other businesses/ organisations for staff  Refers to payments incurred that are due to employment agencies or labour hire firms for staff.

Payroll tax                                            Refers to a tax levied by state and territory governments on the amount of wages and salaries paid by a business.

                                                       It excludes: pay-as-you-go withholding tax.

Personal