SUMMARY COMMENTARY


KEY FIGURES

Securitisers, Australia - Assets and Liabilities(a)
			Mar Qtr 2015	Jun Qtr 2015	Mar Qtr 2015 to Jun Qtr 2015
			$m	$m	%
Total assets at end of qtr			139 952	140 408	0.3
of which
	Mortgages
		Residential	114 146	115 491	1.2
		Non-residential	2 164	2 148	-0.7
Total liabilities at end of qtr			139 952	140 408	0.3
of which
	Asset backed Securities
		Issued domestically	109 475	108 310	-1.1
		Issued off shore	9 231	8 324	-9.8
(a) See paragraph 7 of the Explanatory Notes for details of the coverage of these statistics.

Assets of Securitisers

At 30 June 2015, total assets of Australian securitisers were $140.4b, up $0.5b (0.3%) on 31 March 2015.

During the June quarter 2015, the rise in total assets was due to an increase in residential mortgage assets (up $1.3b, 1.2%) and cash deposits (up $0.4b, 11.3%). This was partially offset by decreases in other loans (down $1.0b, 5.6%).

Residential and non–residential mortgage assets, which accounted for 83.8% of total assets, were $117.6b at 30 June 2015, an increase of $1.3b (1.1%) during the quarter.

Liabilities of Securitisers

At 30 June 2015, total liabilities of Australian securitisers were $140.4b, up $0.5b (0.3%) on 31 March 2015. The rise in total liabilities was due to the increase in loans and placements (up $2.3b, 11.6%). This was partially offset by a decrease in long term asset backed securities issued in Australia (down $0.9b, 0.9%) and asset backed securities issued overseas (down $0.9b, 9.8%).

At 30 June 2015, asset backed securities issued overseas as a proportion of total liabilities decreased to 5.9%, down 0.7% on the March quarter 2015 proportion of 6.6%. Asset backed securities issued in Australia as a proportion of total liabilities decreased to 77.1%, down 1.1% on the March quarter 2015 proportion of 78.2%.

NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
September 2015	26 November 2015
December 2015	26 February 2016

REVISIONS

In this issue revisions have been made to the original series as a result of the receipt of revised survey data. These revisions have impacted the assets and liabilities reported back to and including the December 2013 quarter.


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