Document ID: chunk:federal_register_of_legislation:F2024L00434:body:0:p18
Version: federal_register_of_legislation:F2024L00434
Segment Type: other
Provision Reference: 
Character Range: 65625–69439

a physical shop-front location, these businesses share the requisite function of the purchasing and on selling of goods to the general public, and are therefore included in this industry.

Transport, postal and warehousing                Means businesses mainly engaged in providing transportation of passengers and freight by road, rail, water or air.  Include other transportation activities such as postal services, pipeline transport and scenic and sightseeing transport.  Businesses mainly engaged in providing foods warehousing and storage activities are included.  The industry also includes businesses mainly engaged in providing support services for the transportation of passengers and freight.  These activities include stevedoring services, harbor services, navigation services, airport operations and customs agency services.

Wholesale trade                                  Means businesses mainly engaged in the purchase and on-selling, the commission-based buying, and the commission-based selling of goods, without significant transformation, to businesses.
                                                 Businesses are classified to the wholesale trade industry in the first instance if they buy goods and then on-sell them (including on a commission basis) to businesses.
                                                 Wholesalers' premises are usually a warehouse or office with little or no display of their goods, large storage facilities, and are not generally located or designed to attract a high proportion of walk-in customers.  Wholesaling is often characterised by high value and/or bulk volume transactions, and customers are generally reached through trade-specific contracts.  Also include businesses that sell to both other businesses and the general public (households) that also have these characteristics.

Finance purpose

    16.         Key terms in the EFS collection relating to finance purpose are defined as follows:

Business (purpose)                         Means transactions by persons, legal entities or other organisations related to their activities in the production and sale of goods and services for profit.

                                           Also includes the transactions of non-profit institution such as community service organisations.

                                           It includes: transactions by private and public sector businesses.

Housing (purpose)                          Means transactions by households related to the provision of residential property for use by the household sector.

                                           Housing includes transactions to finance or refinance the construction or purchase of newly erected dwellings or existing dwellings, alterations, additions and repairs or to purchase residential land.

                                           It includes: finance to the household sector.

                                           It excludes:

                                                * finance to businesses that develop or purchase residential property. Record these transactions as business purposes; and
                                                * finance that is secured against a residential property, but where the funds are used for a purpose other than housing.  Record these transactions as business or personal purposes.

Personal (purpose)                         Means transactions by persons within the household sector whose dealings with other sectors are for purposes other than business purposes or housing purposes.

Purpose class                              Means the initial classification of finance into housing, personal or business.

Purpose sub- class                         Refers to the secondary classification of finance by intended use.