Document ID: chunk:federal_register_of_legislation:F2022L00214:body:0:p7
Version: federal_register_of_legislation:F2022L00214
Segment Type: other
Provision Reference: 
Character Range: 19087–22430

Include all genuine applications for finance. Exclude applications for pre-approval of finance.

Include applications for internal refinancing and external refinancing. Record an application as received in the reporting period the application was able to be assessed.

Column 1   Report the total number of applications for loan facilities.

Column 2   Report the value of applications.

           SBR: submit column 2 with accounting type debit (assets).

Item 1.1                        Report applications received from resident households for finance for the purpose of housing.

                                Item 1.1 is a derived item. Report applications received from resident households for finance for the purpose of housing in item 1.1 as the sum of item 1.1.1 and item 1.1.2.

Item 1.1.1                      Report applications received from resident households for finance for the purpose of owner-occupied housing.

                                Item 1.1.1 is a derived item. Report applications received from resident households for finance for the purpose of owner-occupied housing in item 1.1.1 as the sum of item 1.1.1.1 and item 1.1.1.2.

Item 1.1.1.1                    Report applications received from resident households for finance for the purpose of owner-occupied housing with a fixed interest rate.

Item 1.1.1.2                    Report applications received from resident households for finance for the purpose of owner-occupied housing with a variable interest rate.

Item 1.1.2                      Report applications received from resident households for finance for the purpose of investment housing.

                                Item 1.1.2 is a derived item. Report applications received from resident households for finance for the purpose of investment housing in item 1.1.2 as the sum of item 1.1.2.1 and item 1.1.2.2.

Item 1.1.2.1                    Report applications received from resident households for finance for the purpose of investment housing with a fixed interest rate.

Item 1.1.2.2                    Report applications received from resident households for finance for the purpose of investment housing with a variable interest rate.

Item 1.2                        Report applications received from non-resident households for finance for the purpose of housing (both owner-occupied and investment).

    2.             New borrower accepted-commitments for housing loans – by location and purpose

Item 2 collects information on the number and value of new borrower-accepted commitments for housing finance made to households during the reporting period, by the location of the residential property that the finance is used for, the purpose sub‑class of the commitment and the property purpose.

Borrower-accepted commitments include agreements to increase the credit limit of an existing loan contract (for example, as part of an internal refinance). For a borrower-accepted commitment, the credit limit is the maximum amount of funds that will be made available to the borrower without additional authorisation or approval. This includes outstanding balances (including capitalised interest or fees) and any other funds that can be drawn without additional approval by the lender in this amount.

Reporting basis: report item 2 as during the reporting period.