Document ID: chunk:federal_register_of_legislation:F2022L00214:body:0:p8
Version: federal_register_of_legislation:F2022L00214
Segment Type: other
Provision Reference: 
Character Range: 22156–26002

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.

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

Data for resident and non-resident households are collected separately.

Column 1   Report according to the location of the residential property that the finance is used for (see item 2 for further details).

Column 2   Report according to the loan purpose sub-class of the housing finance (see item 2 for further details).

Column 3   Report according to the property purpose (see item 2 for further details).

Column 4   Report the total number of new facilities for the purpose of housing.

Column 5   Report the total value of new borrower-accepted commitments for finance for the purpose housing.

Item 2                          Report new housing borrower-accepted commitments to residents for each combination of location, loan purpose sub-class, and property purpose.

                                The location categories are:

                                     * New South Wales;
                                     * Victoria;
                                     * Queensland;
                                     * South Australia;
                                     * Western Australia;
                                     * Tasmania;
                                     * Northern Territory;
                                     * Australian Capital Territory; and
                                     * Other Australian territories & overseas. Other territories include Jervis Bay Territory, Territory of Christmas Island, and Territory of Cocos (Keeling) Islands.
                                The loan purpose sub-classes of borrower-accepted commitments for housing are:

                                     * finance for the purchase of residential land.  Include only those borrower-accepted commitments that do not also include finance for the construction of a new dwelling or purchase of an existing dwelling on that land;
                                     * finance for the construction of new dwellings. Include borrower-accepted commitments that provide finance for the construction of a new dwelling and the purchase of the land together;
                                     * finance for the purchase of newly erected dwellings;
                                     * finance for the purchase of existing dwellings. Exclude borrower-accepted commitments for the purpose of refinancing (discharging) existing loans. Report these as either internal refinancing or external refinancing;
                                     * finance for alterations, additions and repairs to residential property. Report only borrower-accepted commitments where alterations, additions and repairs is the predominant loan purpose;
                                     * finance to be used to refinance an existing housing loan with an institution that other than the reporting institution (external refinancing). Report the total value of the new borrower-accepted commitment; and
                                     * finance where an existing loan with the ADI or RFC has been refinanced (internal refinancing). Report the total value of the new borrower-accepted commitment. Exclude all loans that have been refinanced for the purpose of a purchase, construction or any other alterations, additions and repairs, or other improvements on a different residential property. Report these in the appropriate item above.
                                The property purposes are:

                                     * owner-occupied; and
                                     *