NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
September 2011	24 November 2011
December 2011	23 February 2012

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Andriy Opryshko on Canberra (02) 6252 5223.


SUMMARY COMMENTARY


KEY FIGURES

Securitisers, Australia - Assets and Liabilities(a)
			Mar Qtr 2011	Jun Qtr 2011	Mar Qtr 2011 to Jun Qtr 2011
			$m	$m	%
Total assets at end of qtr			135 756	136 812	0.8
of which
	Mortgages
		Residential	106 359	108 837	2.3
		Non-residential	2 739	2 471	-9.8
Total liabilities at end of qtr			135 756	136 812	0.8
of which
	Asset backed Securities
		Issued domestically	94 688	99 692	5.3
		Issued off shore	26 481	23 808	-10.1
(a) See paragraph 7 of the Explanatory Notes for details of the coverage of these statistics.

Assets of Securitisers

As at 30 June 2011, total assets of Australian securitisers were $136.8b, up $1.1b (0.8%) on 31 March 2011. This is the first quarterly rise in the assets of Australian securitisers since June 2007, a period of fifteen consecutive quarterly falls.

During the June quarter 2011, the rise in total assets was due primarily to rises in residential mortgages (up $2.5b, 2.3%), other loans (up $0.7b, 5.6%) and cash and deposits (up $0.3b, 8.9%). These increases were partially offset by falls in other assets (down $1.6b, 82.0%) and long term debt securities asset backed bonds (down $0.6b, 8.3%).

Mortgage assets, which accounted for 81.4% of total assets, were $111.3b as at 30 June 2011, a rise of $2.2b (2.0%) during the quarter.

Liabilities of Securitisers

As at 30 June 2011, total liabilities of Australian securitisers were $136.8b, up $1.1b (0.8%) on 31 March 2011. The rise in total liabilities was due to rises in long term asset backed securities issued in Australia (up $4.9b, 6.1%) and short term asset backed securities issued in Australia ($0.1b, 0.6%), while falls were recorded in asset backed securities issued overseas (down $2.7b, 10.1%), loans and placements (down $1.0b, 11.5%) and other liabilities to residents (down $0.3b, 4.5%).

Asset backed securities issued overseas as a proportion of total liabilities fell to 17.4% in the June quarter 2011, down 2.1 percentage points on the March quarter 2011.

Asset backed securities issued domestically as a proportion of total liabilities rose to 72.9% in the June quarter 2011, up 3.2 percentage points on the March quarter 2011.