Document ID: chunk:federal_register_of_legislation:F2015L01999:body:0:p12
Version: federal_register_of_legislation:F2015L01999
Segment Type: other
Provision Reference: 
Character Range: 33217–37567

belongs to only one subsector.

        Domestic/Resident
       * Non-financial corporations
                Private
         Private non-financial investment funds
         Other private non-financial corporations
                Public
          National
          State and local
       * Financial corporations
                Central Bank
                Depository corporations
         Banks
         Other depository corporations
                Pension funds and insurance corporations
         Pension funds
         Life insurance corporations
         Non-life insurance corporations
                Financial investment funds
          Money market funds (MMF)
          Non-MMF financial investment funds
                Central Borrowing Authorities
                Securitisers
                Other financial corporations
       * General government
                National
                State and local
       * Households

        Rest of world/Non-resident

Information provided in this section is to be used as a general guide for all data items where sectoral classifications are required. Refer to 'Residency' under 'Core principles' for more detail about residence. 'Resident institutional units are further divided into sectors and subsectors.

Trading enterprises                                                  Represents enterprises whose main activity is the production of goods or non-financial services for sale at market prices. They may be listed on stock exchanges or unlisted.

Private trading enterprises                                          Represents trading enterprises that are owned and controlled by the private (non-government) sector.

                                                                     Includes: intra-group financiers for groups of trading enterprises; trading enterprises which are the Australian-based branches of foreign companies; partnerships of trading companies and unincorporated joint ventures engaged in trading activities.

                                                                     Excludes: unincorporated businesses except those mentioned above; companies providing financial services to the public such as banks and insurance companies; property and infrastructure trusts.

Trading enterprises owned by the Australian Commonwealth government  Represents trading enterprises that are owned and controlled by the Australian Commonwealth government.

                                                                     Includes: Australia Post; Snowy Hydro Ltd etc.; NBN Co Limited; Air Services Australia.

                                                                     Excludes: government departments (included as Australian Commonwealth government); and government-owned financial institutions (included as financial corporations).

Trading enterprises owned by state, territory and local government   Represents trading enterprises that are owned and controlled by state, territory or local governments.

                                                                     Includes: non-privatised power authorities; housing commissions; port authorities; water boards; gas and fuel authorities.

                                                                     Excludes: central borrowing authorities or treasury corporations; government-owned financial institutions (included as financial corporations); government departments (included as state, territory and local government); privatised enterprises (included as private trading enterprises).

Financial corporations

Reserve Bank of Australia (RBA)  Represents Australia's central bank. Its main responsibilities include managing monetary policy and maintaining the stability of the financial system. The Bank is an active participant in financial markets, manages Australia's foreign reserves, issues Australian currency notes and serves as the banker to the Australian Government and the banking system.

Banks                                              Represents financial corporations and quasi corporations that are licensed by the Australian Prudential Regulation Authority (APRA) to operate as a bank and authorised to use 'Bank' or 'Banker' in their business name. They are part of the Authorised Deposit-taking Institutions (ADIs) that are authorised