NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
September 2009	25 November 2009
December 2009	24 February 2010

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Andrew Begg on Canberra (02) 6252 6643.


SUMMARY COMMENTARY


KEY FIGURES

Securitisers, Australia - Assets and Liabilities
			Mar Qtr 2009	Jun Qtr 2009	Mar Qtr 2009 to Jun Qtr 2009
			$m	$m	%
Total assets at end of qtr			207 803	194 256	-6.5
of which
	Mortgages
		Residential	146 818	137 819	-6.1
		Non-residential	7 250	6 604	-8.9
Total liabilities at end of qtr			207 803	194 256	-6.5
of which
	Asset backed Securities
		Issued domestically	128 524	124 505	-3.1
		Issued off shore	64 708	58 012	-10.3

Assets of Securitisers

At the end of the June quarter 2009, total assets of Australian securitisers were $194.3b, down $13.5b (6.5%) on the March quarter 2009 total. This is the eighth consecutive fall for the assets of Australian securitisers.

Mortgage assets, which accounted for 74.3% of total assets, were $144.4b at 30 June 2009, a decrease of $9.6b (6.3%) during the quarter.

During the June quarter 2009 the decrease in total assets was due primarily to decreases in residential mortgages (down $9.0b, 6.1%), the holdings of other assets (down $2.7b, 26.1%) and the holdings of other loans (down $1.4b, 8.5%).

Liabilities of Securitisers

The decrease of $13.5b in total liabilities during the June quarter 2009 was due to decreases in asset backed securities issued overseas (down $6.7b, 10.3%), long term asset backed securities issued in Australia (down $3.1b, 3.1%), and loans and placements (down $2.4b, 27.6%).

The contraction of debt markets following the global financial crisis has continued to limit the ability of securitisers to issue debt securities during the June quarter 2009.

Asset backed securities issued overseas as a proportion of total liabilities decreased to 29.9% in the June quarter 2009, down 1.3 percentage points on the March quarter 2009 total.

Asset backed securities issued domestically as a proportion of total liabilities increased to 64.1% in the June quarter 2009, up 2.2 percentage points on the March quarter 2009 total.