Document ID: chunk:federal_register_of_legislation:F2017L00724:body:0:p10
Version: federal_register_of_legislation:F2017L00724
Segment Type: other
Provision Reference: 
Character Range: 28422–31665

and

                     * other deposits (including retirement transaction accounts earning interest, saving accounts including online accounts and term deposits) held in other deposit-taking institutions reported in item 2.1.2.2.

                 When reporting about transferable deposits, include all deposit accounts earning minimum interest (where minimum interest is defined, for the purposes of these instructions, refers to annual interest earnings of less than 0.02%).

                 When reporting about other deposits, include Notice of withdrawal (NOW, a written notice required before funds can be withdrawn or transferred out of the account), demand deposits, savings deposits, money market deposit accounts, other savings deposits, 11 am accounts and 24-hour money, term deposits (an account in which money has to be placed for a fixed period for a stated interest rate) and retirement savings accounts (RSAs, which are low risk/low return capital guaranteed products subject to the same restrictions as other superannuation products. Only an approved deposit taking institution, building society, credit union, life insurance company or a prescribed financial institution can be approved as a RSA provider).

Resident assets  Represents financial claims of the RSE on all resident counterparties whether purchased overseas or in Australia and irrespective of the currency in which they are denominated.

                 Includes:

                     * financial claims on Australian residents denominated in foreign currency; and

                     * financial claims on Australian residents purchased overseas e.g. Yankee bonds issued by an Australian company.

                 Excludes:

                     * shares in non-resident companies even if traded on domestic stock exchanges (eg. ASX and/or Chi-X; a list of the foreign companies quoted on the ASX is available from the ASX website www.asx.com.au, included as non-resident assets);

                     * debt securities issued by non-residents (including Kangaroo bonds which are bonds issued by a non-resident in the Australian market);

                     * accounts receivable from non-residents (including related companies); and

                     * holding of physical foreign currency.

Item 3  Report loans and placements that are resident assets in item 3.

        Report loans and placements in column 1. Report the portion of loans and placements that is denominated in a foreign currency in column 2; and the value for which payment is due in one year or less in column 3, where applicable.

        Report the portion of loans and placements to:

            * private trading enterprises in item 3.1;

            * property and infrastructure trusts in item 3.2; and

            * households in item 3.3. Report the portion of loans and placements to households that is attributable to loans secured by residential mortgages on land and buildings in item 3.3.1.

        Item 3.4 is a derived item. Report item 3.4 as total loans and placements in item 3.5 minus the sum of item 3.1, item 3.2 and item 3.3.

        For the avoidance of doubt, loans and placements to households comprises loans and placements to individuals