NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
September 2012	28 November 2012
December 2012	27 February 2013

REVISIONS

In this issue revisions have been made to the original series as a result of improved reporting of survey data. These revisions have impacted on the assets and liabilities for the period March 2009 to March 2012.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Stanley Ho on Sydney (02) 9268 4535.


SUMMARY COMMENTARY


KEY FIGURES

Securitisers, Australia - Assets and Liabilities(a)
			Mar Qtr 2012	Jun Qtr 2012	Mar Qtr 2011 to Jun Qtr 2012
			$m	$m	%
Total assets at end of qtr			127 887	127 186	-0.5
of which
	Mortgages
		Residential	105 867	104 497	-1.3
		Non-residential	2 463	2 454	-0.4
Total liabilities at end of qtr			127 887	127 186	-0.5
of which
	Asset backed Securities
		Issued domestically	94 975	95 832	0.9
		Issued off shore	19 108	17 129	-10.4
(a) See paragraph 7 of the Explanatory Notes for details of the coverage of these statistics.

Assets of Securitisers

As at 30 June 2012, total assets of Australian securitisers were $127.2b, down $0.7b (0.5%) on 31 March 2012.

During the June quarter 2012, the fall in total assets was due primarily to a fall in residential mortgage loans (down $1.4b, 1.3%). This was partially offset by rises in other loans (up $0.6b, 4.3%) and cash and deposits (up $0.1b, 3.0%)

Mortgage assets, which accounted for 84.1% of total assets, were $107.0b as at 30 June 2012, a fall of $1.4b (1.3%) during the quarter.

Liabilities of Securitisers

As at 30 June 2012, total liabilities of Australian securitisers were $127.2b, down $0.7b (0.5%) on 31 March 2012. The fall in total liabilities was due to falls in asset backed securities issued overseas (down $2.0b, 10.4%), other liabilities to residents (down $0.4b, 10.1%) and long-term asset backed securities issued in Australia (down $0.4b, 0.5%). These falls were partially offset by rises in short-term asset backed securities issued in Australia (up $1.3b, 17.3%) and loans and placements (up $0.7b, 8.4%).

As at 30 June 2012, asset backed securities issued overseas as a proportion of total liabilities fell to 13.5%, down 1.4 percentage points on the March quarter 2012 percentage of 14.9%, while asset backed securities issued domestically as a proportion of total liabilities rose to 75.3%, up 1.0 percentage points on the March quarter 2012 percentage of 74.3%.