NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
March 2011	26 May 2011
June 2011	25 August 2011

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Steve Sykes on Canberra (02) 6252 6446.


SUMMARY COMMENTARY


KEY FIGURES

Securitisers, Australia - Assets and Liabilities(a)
			Sep Qtr 2010	Dec Qtr 2010	Sep Qtr 2010 to Dec Qtr 2010
			$m	$m	%
Total assets at end of qtr			141 633	138 401	-2.3
of which
	Mortgages
		Residential	108 990	107 191	-1.7
		Non-residential	3 288	2 717	-17.4
Total liabilities at end of qtr			141 633	138 401	-2.3
of which
	Asset backed Securities
		Issued domestically	97 473	96 264	-1.2
		Issued off shore	31 980	27 741	-13.3
(a) See paragraph 7 of the Explanatory Notes for details of the coverage of these statistics.

Assets of Securitisers

As at 31 December 2010, total assets of Australian securitisers were $138.4b, down $3.2b (2.3%) on 30 September 2010. This is the fourteenth consecutive quarterly fall for the assets of Australian securitisers.

During the December quarter 2010, the fall in total assets was due primarily to falls in other assets (down $2.1b, 47.9%) and residential mortgages (down $1.8b, 1.7%), while other loans rose (up $1.8b, 15.0%).

Mortgage assets, which accounted for 79.4% of total assets, were $109.9b as at 31 December 2010, a fall of $2.4b (2.1%) during the quarter.

Liabilities of Securitisers

The $3.2b decrease in total liabilities during the December quarter 2010 was due primarily to falls in asset backed securities issued overseas (down $4.2b, 13.3%) and short term asset backed securities issued in Australia (down $1.2b, 7.0%), while rises were recorded in loans and placements (up $1.2b, 16.4%) and other liabilities to residents (up $1.0b, 21.0%).

Asset backed securities issued overseas as a proportion of total liabilities fell to 20.0% in the December quarter 2010, down 2.6 percentage points on the September quarter 2010.

Asset backed securities issued domestically as a proportion of total liabilities rose to 69.6% in the December quarter 2010, up 0.8 percentage points on the September quarter 2010.