NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
March 2010	26 May 2010
June 2010	26 August 2010

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Wolfgang Hertel on Canberra (02) 6252 7883.


SUMMARY COMMENTARY


KEY FIGURES

Securitisers, Australia - Assets and Liabilities(a)
			Sep Qtr 2009	Dec Qtr 2009	Sep Qtr 2009 to Dec Qtr 2009
			$m	$m	%
Total assets at end of qtr			174 153	161 029	-7.5
of which
	Mortgages
		Residential	128 899	119 989	-6.9
		Non-residential	5 943	5 412	-8.9
Total liabilities at end of qtr			174 153	161 029	-7.5
of which
	Asset backed Securities
		Issued domestically	111 972	106 605	-4.8
		Issued off shore	49 437	43 213	-12.6
(a) See paragraph 7 of the Explanatory Notes for details of the coverage of these statistics.

Assets of Securitisers

As at 31 December 2009, total assets of Australian securitisers were $161.0b, down $13.1b (7.5%) on September quarter 2009. This is the tenth consecutive quarterly fall for the assets of Australian securitisers.

Mortgage assets, which accounted for 77.9% of total assets, were $125.4b at 31 December 2009, a decrease of $9.4b (7.0%) during the quarter.

During the December quarter 2009 the decrease in total assets was due primarily to falls in residential mortgages (down $8.9b, 6.9%) and the holdings of long term securities, asset backed bonds (down $2.7b, 19.4%).

Liabilities of Securitisers

The $13.1b decrease in total liabilities during the December quarter 2009 was primarily due to decreases in asset backed securities issued overseas (down $6.2b, 12.6%), long term asset backed securities issued in Australia (down $3.0b, 3.4%) and short term asset backed securities issued in Australia (down $2.4b, 10.2%).

Asset backed securities issued overseas as a proportion of total liabilities decreased to 26.8% in the December quarter 2009, down 1.6 percentage points on the September quarter 2009 total.

Asset backed securities issued domestically as a proportion of total liabilities increased to 66.2% in the December quarter 2009, up 1.9 percentage points on September quarter 2009.